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The Economy in Perspectivee

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Walking a hard line … In the face of ever-brighter business conditions, passing an economic stimulus package finally proved too hard a row for the U.S. Congress to hoe. Unable to reach a compromise among its members that could also pass muster with the White House, the Senate gave up its effort to move a bill as incoming economic data showed a firming tone across a variety of industries and regions.

Suggested citation: "The Economy in Perspective," Federal Reserve Bank of Cleveland, Economic Trends, no. 02-02, pp. 01, 02.01.2002.

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