Hark, the OECD angels sing

Article Abstract:

The OECD's forecast for 1992 proved to be optimistic, so the organization's prediction of 2% growth in 1993 must be evaluated cautiously. The causes of the continued recession are discussed: big debts, high interest rates and unemployment.

Analysis, Organization for Economic Cooperation and Development

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Signs of thaw: the economy

Article Abstract:

US domestic demand registered gains in October, leading to hopes that the recession may abate. However, the recession has repeatedly defied forecasters, and consumer confidence is still weak.

1992 AD

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Subjects list: Forecasts and trends, United States economic conditions, Recessions
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