United States: Recent Economic Developments

September 11, 1996

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United States: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed September 30, 2024

Summary

This paper reviews economic developments in the United States during 1992–96. 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 1990–92 recession on employment was considerably less severe than the effect of the 1981–82 recession. During the 1990–92 recession, employment fell by 1½ percent, compared with a drop of 3 percent during the 1981–82 recession.

Subject: Employment, Income distribution, Labor, National accounts, Personal income, Unemployment rate, Wages

Keywords: CR, CVD petition, DAC participant, Employment, Employment growth, Europe, GDP, GNP ratio, Income, Income distribution, ISCR, Middle East, North America, Personal income, U.S. official development assistance, Unemployment rate, Wages

Publication Details

Pages:

129
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/093
Stock No:

1USAEA0011996
ISBN:

9781451839487
ISSN:

1934-7685

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