An economic summer time
Article Abstract:
The economy is continuously showing growth but is forecasted to slow down or at least run at a normal pace from the current rate of about 5%. There has been a steady growth in employment from 1996 to 1998, with 296,000 new jobs created in May 1998. The unemployment rate is at 4.3% with wages increasing by 0.3% in May 1998. There has also been a widened trade gap between exports and imports largely attributed to the continuing Asian economic crisis. GDP results for the first quarter of 1998 show a trade gap of $137 bil and is expected to be about $155 bil at the end of 1998.
Publication Name: Standard & Poor's Industry Surveys: Trends & Projections
Subject: Business, general
ISSN: 0196-4666
Year: 1998
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A whole new world
Article Abstract:
The relative price stability being experienced by the US economy in the mid 1990s is a result of the efforts of the Federal Reserve through its monetary policies. This situation of low or zero inflation rate is reminiscent of the period of the 1960s. The Federal Reserve's confidence in the economic situation has influenced its decision to postpone the increase of interest rates. Businesses should therefore take advantage of the opportunity to invest and grow while inflation is still very much under control.
Publication Name: Economic Report
Subject: Business, general
ISSN:
Year: 1996
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2001: an economic odyssey
Article Abstract:
Issues regarding the performance of the US economy are discussed. It is argued that the prospects for 2001 are not as bleak as many commentators believe.
Publication Name: Standard & Poor's Industry Surveys: Trends & Projections
Subject: Business, general
ISSN: 0196-4666
Year: 2001
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