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A Word of Caution

Expect a few bumps on the road to economic recovery; they are not uncommon. In the early 1970s, a four-fold increase in world oil prices threw the U.S. economy into recession, delaying the recovery of the Puget Sound economy from the Boeing Bust.

Volume: 12 - Number: 3

Leading Index Title:

Special Topic Title: Economic Development

Authors:

  • Dick Conway
  • Doug Pedersen