Economic Conditions in 1990 & 1996

Abstract: A 9 page paper comparing the economy of 1990 with that of 1996. The recession of 1990-1991 was a particularly distressing one, and consumer confidence did not readily return at the end of the recession. In fact, consumer confidence did not cease falling until nearly a year after the end of the recession. By 1996, consumer confidence appeared to be stable, but they still had not returned to their prior spending habits. Closer examination reveals that while unemployment and inflation were low, real disposable income had failed to keep up with costs. Consumers were spending less than before 1990 simply because there was less to spend. Bibliography lists 6 sources.

Filename: E9096.wps

Pages: 9

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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