May, Jr., Todd
October 1988
Fortune;Fall1988 Special Issue, Vol. 118 Issue 10, p153
The article provides an economic forecast in the U.S. The author reveals that the economy has grown faster than most forecasters expected. He believes that the slower economic growth is a good news because the economy has been examining its limits of plant capacity and power and will keep the expansion achieve new records. He added that inflation will accelerate a bit as labor cost bloat, profits will increase much faster than sales, and interest rates will increase a little.


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