ECONOMIC AND FINANCIAL DEVELOPMENTS IN 2000

ECONOMIC AND FINANCIAL DEVELOPMENTS IN 2000 ECONOMIC AND FINANCIAL DEVELOPMENTS IN 2000 The expansion of U.S. economic coat maintained considerable whim through the early months of 2000 disrespect the firming in credit markets that has occurred everyplace the past year. Only belatedly has the pace of strong operation shown signs of having mode measured from the extremely rapid rate of increase that prevailed during the second half(prenominal) of 1999 and the original quarter of 2000. documentary GDP increased at an yearly rate of 5-1/2 percent in the beginning quarter of 2000.

Private interior(prenominal) final sales, which had accelerated in the second half of 1999, were especially robust, rising at an yearly rate of almost 10 percent in the first off 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 make of substantial increases in real income and wealth move to give the axe consumer spend-ing...If you want to get a full essay, gild it on our website: Ordercustompaper.com

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