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The economy turned in an increasingly healthy performance as the 1990s progressed. With the fall of the Soviet Union and Eastern European communism in the late 1980s, trade opportunities expanded greatly. Technological developments brought a wide range of sophisticated new electronic products. Innovations in telecommunications and computer ...
1990s United States boom. The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
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Nov 2, 2001 · The economy was close to potential in early 1990, before Iraq invaded Kuwait. The recession of 1990-91 and the continued high unemployment rates over the two years after the recession had ...
Oct 18, 2010 · First, it is important to recall the relatively poor performance of the U.S. economy in the early 1990s. From 1990-1995, real gross domestic product (GDP) grew at an average annual rate of just 2.4% per year (down from 4.3% real annual growth from 1983-1989), and multi-factor productivity gains – the most comprehensive measure of productivity ...
Apr 10, 2002 · Lessons for sustainable long-term growth. The experience of the 1990s offers four lessons that, if heeded, could substantially improve the chances for strong, stable and sustainable long-term growth. First, consumers matter. Consumption is an important engine for sustainable growth since it constitutes the largest component of GDP.
Dec 25, 2012 · Huge improvements in computer technology propelled the economy during that decade. Throughout the debate over taxes and the "fiscal cliff," there's been a lot of looking backward — to the 1990s ...
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a rising unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% of non-farm ...
