What Soft Landing?

Marshall, Jeffrey
November 2000
Financial Executive;Nov/Dec2000, Vol. 16 Issue 6, p13
Academic Journal
This article states that Dr. James F.Smith of the University of North Carolina in Chapel Hill has predicted a buoyant economy for the United States. Smith is quoted as saying the forecasts for real gross domestic product (GDP) were adjusted upward because of gains in productivity. The GDP growth is predicted to be above five percent this year. Smith also says that the annual productivity gain of 2.9 percent could lead to long-term sustainable economic growth. The higher percentage of high school graduates who go on to college also contributes to a strong economy, according to Smith.


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