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As boomers slow down, so might the economy

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  • Kevin L. Kliesen

Abstract

Baby boomers will start retiring in droves in January. Coupled with the slowdown in productivity and the near-zero saving rate, growth in GDP could fall to levels not seen in 25 years.

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Bibliographic Info

Article provided by Federal Reserve Bank of St. Louis in its journal The Regional Economist.

Volume (Year): (2007)
Issue (Month): Jul ()
Pages: 12-13

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Handle: RePEc:fip:fedlre:y:2007:i:jul:p:12-13

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Keywords: Baby boom generation ; Economic conditions - United States;

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