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US Economic Growth Trends in 1995 by baybar is a document available to read on EtoBox.
What is US Economic Growth Trends in 1995 about?
The US economy slowed in 1995 with GDP growth falling to 2.1% from 3.5% in 1994. While inflation rose slightly, rural areas benefited from strong export and durable goods growth. Consumer spending will determine GDP growth in 1996, but real wages have risen more slowly than productivity in recent years, which could dampen consumer spending if this trend continues. The outlook predicts moderate 2.2% GDP growth in 1996 driven by expected increases in exports, manufacturing, and consumer spending if real wages
- Author
- baybar
- Language
- EN