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The Sluggish Recovery of Real Net Domestic Private Business Investment
By Robert Higgs
This article appeared in the Fall 2013 issue of The Independent Review


Abstract

Five years after its bust and partial recovery, real net private business investment in 2012 remained 41 percent below its previous peak. This weakness plays a central role in the slow recovery in output and even slower recovery in employment.



Other Independent Review articles by Robert Higgs
    Summer 2014   The Fed’s Immiseration of People Who Live on Interest Earnings
    Spring 2014   The Salmon Trap: An Analogy for People’s Entrapment by the State
    Winter 2014   Worrisome Changes in U.S. Labor Force and Employment since 2007
[View All (46)]


Volume 18 Number 2
Fall 2013

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