The Economic Effects of Reduced Defense Spending

The Economic Effects of Reduced Defense Spending

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Published: 1992

Total Pages: 76

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By 1997, U.S. national defense outlays would be 28% below their peak level in the 1980s. This report examines the effects of cuts in defense spending not only on the national economy, but also on states, industries, and selected local areas (including California, Maine and Missouri).