federal reserve bank of san francisco executive summary district update western economic developments september 2000 is produced twice quarterly by the banking and regional studies section research department analyses represent views staff do not reflect official senior management or system prepared distributed public information 415 974 3230 this publication available on our website http www sf frb org frbsf nonagricultural payroll employment percent change over year earlier 0 5 1 2 3 4 aug 96 97 98 99 00 twelfth us economy continued to add jobs at a solid pace in july august although growth slowed somewhat from second quarter expanded 7 annual rate down past arizona nevada idaho california
