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Fluctuations in Our National Income
Business Cycle Reference Dates and Duration of Expansions and Con
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3rd Q acceleration principle affected annual average Bankers behavior billions of dollars boom budget Bureau of Economic business cycle business inventories businessmen cent Chapter Chart contraction corporate profits countercyclical Current Business cyclical movements deficits demand Department of Commerce developed disposable personal income durable equipment economic activity Economic Indicators economists estimates expansion expected exports factors Federal Reserve System figures fluctuations forecasting gross national product growth housing starts important increase industrial industrial production index instability inventory investment leading indicators manufacturers ment monetary money supply monthly months mortgage National Bureau national income accounts ness nomic nondurables nonfarm outlays peak Personal consumption expenditures plant and equipment post-World postwar quarterly ratio recessions residential building residential construction rise seasonally adjusted sector shows SOURCE statistical stocks sumer Survey of Current tend total output total spending transfer payments trend trough U. S. Department unemployment