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August, 1987, Vol. 110, No. 8
The defense buildup, 1977-85
effects on production and employment
Richard P. Oliver
Economist, Office of Economic Growth and Employment Projections, Bureau of Labor Statistics
After several years of post-Vietnam decline, defense spending for major programs started the current peacetime buildup; the acceleration between 1980 and 1985 cushioned the decline in production jobs.
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