Strong start, but possibly slow finish

Article Abstract:

US economy can expect a steady market for 1998 due to consumers and business investments. Consumer spending is projected to retain the 1997 growth in real terms at 3.3% and business capital spending of 35% for 1998 may come close to 40% real growth in 1997. However, US exports for 1998 can only hope to grow at less than 3% compared to 11% in 1997. The cause of the slowdown is the weakening banks in Japan and the deteriorating economies in Asia such as Korea's and Malaysia's. US economy may also decelerate in the mid-1998 as business and consumers anticipate recession.

National Income & Expenditure, Economic aspects, Asia

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What goes up ... comes down

Article Abstract:

Economic indicators for the 1st qtr. 1995 suggest that the US economy is slowing down. In particular, a three-fourths of a percentage rise in the unemployment rate presages a deceleration in growth, prompting fears of recession. While growth is not likely to speed up in the next quarters of 1995, no recession is expected in 1995 or 1996. Moreover, a sudden resurgence is expected to be followed by anti-inflationary measures from the Federal Reserve. A review of gross domestic product, employment and stock and bond market figures is presented.

Statistics, Unemployment, Consumption (Economics)

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Sliding towards the 2 1/2% economy

Article Abstract:

US economic growth and inflation has settled at 2.5%. Although the trend seems appealing, especially for the Federal Reserve, it is expected to lead to a further slowdown and eventually a recession. Consumers have already reacted by suppressing their spending. The Federal Reserve will have to resort to easing while it is still capable of doing so.

Economic indicators

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