Durable Goods and the Collapse of Global Trade
{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
From a Dallas Fed Letter by Jian Wang:Durable goods represent a moderate share of the economy in most industrial countries -- in the U.S., for example, they accounted for 23.6 percent of real GDP in 2008. However, durable goods make up a large share ...
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