ECONOMIC AND FINANCIAL DEVELOPMENTS IN 2000

ECONOMIC AND FINANCIAL DEVELOPMENTS IN 2000 ECONOMIC AND FINANCIAL DEVELOPMENTS IN 2000 The expansion of U.S. economic application maintained considerable impulsion through the early months of 2000 despite the firming in credit markets that has occurred all over the past year. Only recently has the pace of real bodily function shown signs of having moderated from the extremely rapid rate of increase that prevailed during the second half(prenominal) of 1999 and the original quarter of 2000. Real GDP increased at an yearly rate of 5-1/2 percent in the showtime quarter of 2000.

Private domestic final s ales, which had accelerated in the second half of 1999, were particularly robust, rising at an annual rate of almost 10 percent in the number one quarter. Underlying that surge in domestic spending were umteen of the same factors that had contributed to the con-siderable strength of outlays in the second half of 1999. The on-going influence of substantial increases in real income and wealth move to furnish consumer spend-ing...If you want to get a full essay, gild it on our website: OrderCustomPaper.com

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