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Publication Date

11-1-1977

Series Information

Occasional Paper 9

Publisher

Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130

Description

This economic forecast examines trends within the major sectors of the economy to make predictions about how the American economy will fare in 1978. The overall outlook is relatively tame. The real economic growth rate will average about 4.5% in 1978 with inflation a little under 6% and a moderate decline in unemployment. All in all, 1978 is predicted to be a stable period of modest growth and prosperity.

Keywords

Economic Outlook, Forecast, Growth, Foreign Trade, New Housing Construction, Consumer Spending, Government, Business Investment

Disciplines

Economics | Public Policy

Comments

The Center for the Study of American Business (CSAB), 1975-2001, is the predecessor of the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis.

Permanent URL: http://dx.doi/org/10.7936/K72R3PV2

DOI

doi:10.7936/K72R3PV2

The 1978 Economy: Outlook and Policy

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