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| Current Economic Climate: Summer 2005
INFORMATION BULLETIN August 2005 The purpose of this bulletin is to provide local leaders with information on key economic trends that make up the current economic climate. These trends are significant because they impact the availability of funds for education, health care, and other public services at the national, state, and local levels. This bulletin is issued twice each calendar year — summer and winter — and presents information about changes in the gross domestic product, employment and unemployment, consumer prices, retail sales, housing, industrial production, and stock market performance. Other pertinent trends are described as well. In addition, a brief summary of projections for the economy is presented. Finally, comments on both Federal and State Budgets are offered. We will continue to issue the regular monthly Information Bulletin on the CPI. This is the fifth issue of Current Economic Climate. Your reactions and suggestions on this series of Information Bulletins are most welcome. Please contact John Yagielski or Click here for a complete PDF copy of the Current Economic Climate Summer 2005. |
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