United States
Article Abstract:
US economic growth was 7.3% for 4th qtr 1999 and consumption and fixed investment are strong. Interest rates will be tightened further and economic growth looks set to slow. Stock market volatility makes forecasting difficult.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 2000
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United States
Article Abstract:
The US economy saw unemployment drop to 5.4% in Dec 1994, while manufacturing output was up by 7% in 4th qtr 1994 compared with 4th qtr 1993, and industrial production was up by 5.4% in this period. Growth is likely to slow in 1995 due to the impact of higher interest rates. Inflation is likely to continue to be low despite the impact of higher commodity prices. A soft landing is likely for 1995-1996, though sustained growth could bring a new recession closer.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 1995
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United States
Article Abstract:
US economic growth appears to be at unsustainable levels, and interest rates will have to be raised. Consumer confidence is strong and stock prices have risen, while the savings ratio has dropped, according to revised data for 1994 to 2nd qtr 1997. Consumption appears to be boosted by the wealth effect. Inflation is dropping but there is still cause for concern about pressures from wage inflation. The federal deficit is diminishing due to stronger economic growth than forecast.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 1997
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