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Researchers who want to study the growth of both the federal government and the private-sector economy since the founding of the republic can do so in detail by referring to the annual reports to Congress by the secretary of the treasury. These reports document the activities of the government not only in hundreds of pages of statistics each year, but also in the statements of each secretary of the treasury on national economic trends, regulations of all kinds, strengths and weaknesses of the dollar, conditions of banks, imports and exports, unemployment, inflation, and international financial developments.
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