Back to Search Start Over

Industry Outlook.

Authors :
McNamee, Mike
Zellner, Wendy
Melcher, Richard A.
Javetski, Bill
Source :
BusinessWeek; 1/13/97, Issue 3509, p86-89, 4p, 2 Color Photographs, 8 Graphs
Publication Year :
1997

Abstract

The article presents a forecast on the performance of the industrial sector of the U.S. for 1997. Some forecasters say that the U.S. economy is ticking out steady 2% to 2.5% growth, quarter after quarter. According to a poll conducted by "Business Week," 93% of the interviewed top executives say they are optimistic about the 1997 economy, with 82% predicting that growth will match or exceed 1996's performance. Economist Bruce E. Steinberg of Merrill Lynch & Co. notes that inflation has never before remained so tame this late in an expansion--a sign that what he calls the too-good-to-be-true economy can keep rolling on.

Details

Language :
English
ISSN :
00077135
Issue :
3509
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
9702030088