1945

The world’s eight leading furniture markets

The world’s largest economy, the United States of America enjoyed continuous growth over the nine years to 2000 to a GDP of $10 trillion at current prices, up 28% since 1996.The economy began slowing down first in the second half of 2000 and the first half of 2001. A dip started in March 2001 as the stock market plunge took its toll on share prices. Company profits fell sharply and the ‘tech-bubble’ burst with an effect on prices and a less than favourable employment outlook.

Related Subject(s): International Trade and Finance
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