AbstractThis paper reviews economic developments in the United States during 1992â€“96. The paper briefly describes improvements in the national income and product accounts (NIPA) and some of their implications for the analysis of long-term trends in U.S. investment and saving. The paper highlights that the effect of the 1990â€“92 recession on employment was considerably less severe than the effect of the 1981â€“82 recession. During the 1990â€“92 recession, employment fell by 1Â½ percent, compared with a drop of 3 percent during the 1981â€“82 recession.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Staff Country Reports with number 96/93.
Date of creation: 11 Sep 1996
Date of revision:
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Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
Web page: http://www.imf.org/external/pubind.htm
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