Gathering clouds

Article Abstract:

Economists have mixed forecasts for the US economy in 1999 as economic problems in Russia and Asia also loom over the markets of Brazil and Latin America. Forecasts remain divided over the probability of a US recession in 1999 due to a poor showing in the sectors of exports, investments, government spending, housing, and consumer spending. Experts are apprehensive of a worsening of the Asian financial crisis, which has adversely affected the local economy, fearing a spread to Latin America will substantially cripple the export market.

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Optimism reigns

Article Abstract:

A description of the state of the US economy at the end of the third quarter of 2000 and predictions for the next five quarters are presented, with focus on the confident mood prevailing in the US despite some poor indications.

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Bridging the gap

Article Abstract:

Consumer spending is expected to continue until capital spending resumes in the US. A recession is not expected but the US economy will be slow until late in 2001.

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