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The Economy in Perspective

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Are we there yet? … The constant dollar value of goods and services produced in the United States increased for the fifth consecutive year in 1995. By the reckoning of most professional forecasters, the nation's economy will expand further this year and the next. If this prediction proves correct, only the 2 of the 60 quarters in the 1983 - 97 period will have recorded outright declines in total output.

Suggested citation: “The Economy in Perspective,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-04, pp. 01, 04.01.1996.

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