National defense spending has grown to five percent of GDP, which is now more than residential construction, according to an article in the The Main Street Economst, published by the Kansas City Fed. The article discusses the impact and long-term outlook of defense spending on rural economies. I highly recommend this article if you have an interest in rural economies or defense spending.
National Defense Spending’s Impact on Economy
Posted by philhardwick on October 4, 2008
National defense spending has grown to five percent of GDP, which is now more than residential construction, according to an article in the The Main Street Economst, published by the Kansas City Fed. The article discusses the impact and long-term outlook of defense spending on rural economies. I highly recommend this article if you have an interest in rural economies or defense spending.
Posted in General Comments | Tagged: BRAC, defense spending, kansas city fed, main street economist, rural economic development | Leave a Comment »