BusinessFebruary 26, 1996
BUSINESS MEMO: ECONOMY PREDICTED GOOD
The nation's economy will grow moderately this year, inflation will be restrained and the unemployment rate will remain less than 6 percent for the third straight year, top economists predict. A survey of 47 economists by Blue Chip Economic Indicators, released last week, was the latest assurance that the nation is not falling into recession despite signs of a slowing economy...
The nation's economy will grow moderately this year, inflation will be restrained and the unemployment rate will remain less than 6 percent for the third straight year, top economists predict.
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A survey of 47 economists by Blue Chip Economic Indicators, released last week, was the latest assurance that the nation is not falling into recession despite signs of a slowing economy.
The consensus forecast sees 2.2 percent expansion both this year and next, compared to anticipated growth of just 1.6 percent in 1995.
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