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Download or read book Livestock and Poultry Outlook and Situation Report, Vol. 10 written by United States Department Of Agriculture and published by Forgotten Books. This book was released on 2018-01-08 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Livestock and Poultry Outlook and Situation Report, Vol. 10: May 1984 In 1980 and 1982, disposable personal incomes per person in real dollars declined, and in 1981, they rose about 2 percent. In 1984, disposable personal incomes in current dollars may rise 9 to 10 percent - about the same nominal rates as in the early 1980's. However, because of lower infla tion rates, personal incomes in real dollars are expected to increase 4 to 5 percent. Real as well as nominal incomes have been rising and consequently, so have con sumer purchasing power and confidence. Growth in the national economy continued strong during first-quarter 1984. Real Gross National Product rose at an -percent annualized rate. Growth was unusually strong in January and February, due to large increases in consumer spending, housing construction, and a rapid rebuilding of business inventories. However, retail sales, housing starts, and industrial production slowed in March. The strong, but slower growth expected for the remainder of the year should continue to hold down the inflation rate. Meat prices have already risen and further increases are expected through early summer as total meat supplies decline both seasonally and compared with the large 1983 levels. Prices are likely to stabilize near these higher levels in second-half 1984 as the recent rapid economic growth slows, consumers react to higher retail meat prices, and seasonally rising meat supplies by late summer hold down further price advances. Meat prices in the second half will still be sharply higher than the low levels recorded a year earlier. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.