45 results on '"MAY JR"'
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2. A REBOUND WITH ZING.
3. WHAT WILL LEAD TO RECOVERY Look first to business spending, not to consumers, whose behavior may be undergoing a sea change from the Eighties.
4. BARRING WAR, A MINOR RECESSION GNP will drop less than 1% peak to trough, making for a mild downturn at most. And it will end soon. By early spring, consumer spending and exports will spur growth.
5. NO RECESSION, BUT A SCARY SLOWING Growth will diminish gradually in the coming 18 months. Without help from higher productivity or other pleasant surprises, mid-1991 will be white-knuckle time.
6. A PERILOUS WALK ON THE MILD SIDE FORTUNE's economists see a year and a half of slow expansion ahead. But don't think for a moment that it will be dull. Inflation worries will nag the markets and the Fed.
7. LESS HELP FROM THE GRASS ROOTS State and local governments will rein in spending as their budget surpluses turn to deficits. But after a slow first quarter, exports will keep the economy rising.
8. SURPRISE: FASTER GROWTH LIES AHEAD FORTUNE's 18-month forecast: Look past today's austere economic landscape. Business spending and the turn in trade will generate steady growth after the spring.
9. THE BATTLE AGAINST INFLATION TAKES ITS TOLL ON WORLD GROWTH.
10. THIS SHAKY OLD EXPANSION IS STEADIER THAN IT LOOKS.
11. IN THE BUDGET BATTLE, THERE'S NOT MUCH ROOM TO MANEUVER.
12. HIGHER LABOR COSTS WILL KEEP INFLATION SIMMERING.
13. BUSINESS INVESTMENT IS HEADING FOR A LONG, STRONG ROLL.
14. SLOWER GROWTH, SURE, BUT THE THREAT OF INFLATION REMAINS.
15. INFLATION WILL SPEED UP, BUT IT WON'T START RUNNING AWAY.
16. MILD SLOWDOWN IN GROWTH A-HEAD- ECONOMIC PLUS, ELECTION MINUS.
17. A ROUSING START FOR THE NEW YEAR Consumers may be chastened, but they have survived the crash in pretty good spirits. And a show of strength by central banks makes the dollar look more secure.
18. THE GLOBAL RECOVERY IS LOSING ITS OOMPH U.S. imports have fueled much of the recent economic growth among the major industrial nations. Now it's time for somebody else -- namely Japan and West Germany -- to take up the slack.
19. THE FED WILL GET STINGIER.
20. HOUSING WILL CLIMB OUT OF THE CELLAR.
21. BUSINESS CONFIDENCE IS SURVIVING THE SLOW-GROWTH SPELL.
22. THE PRICE FOR 1990's GROWTH WILL BE HIGHER INFLATION.
23. CONSUMERS WILL HELP THE ECONOMY STAY IN SHAPE NEXT YEAR.
24. AFTER A HOT START IN THE FIRST QUARTER, GROWTH WILL COOL.
25. HOW SLOW WILL THEY GROW? U.S. policymakers wonder why Germany and Japan can't generate more steam. But look closely. Their domestic demand is rising -- in Japan's case, at a fast clip.
26. FORTUNE FORECAST A BETTER TRADE BALANCE WON'T WORK MIRACLES Slowing imports and rising exports have already started to strengthen the economy. But the huge trade deficit will linger, a lightning rod for protectionists.
27. FORTUNE FORECAST EQUILIBRIUM AHEAD FOR INTEREST RATES U.S. policymakers cannot push them down lest the dollar's delicate decline turn into a rout. But moderate credit demands will exert little upward pressure.
28. WHY A RECESSION IS NOT ON THE WAY Don't worry about the GNP's sluggish growth. Employment and productivity look good, and some heavy drags on the economy -- including the trade deficit -- will finally lighten.
29. INFLATION IS TUNING UP FOR AN ENCORE Import prices are rising, energy costs are bottoming out, and the tax bill could hurt in the short run. But business still wants to stay lean, and labor costs are not apt to explode.
30. SAY ADIEU TO THE GREAT RATE DECLINE Interest rates will not fall much more, because GNP growth is solid, if slow, and federal deficits will remain large. Another concerted international drive for lower rates is not likely soon.
31. EXPECT NO MIRACLES FROM LOW OIL PRICES Cheaper oil and lower interest rates will boost GNP growth about half a percentage point higher than FORTUNE expected in January. But that will bring it to only 2% or so.
32. GROWTH LOOKS GOOD BUT NOT SUPER Consumer spending has been feeble lately, and economists have been too euphoric over falling oil prices. Cheaper crude will not push this year's GNP growth beyond 3%.
33. HEADING TOWARD A SOFT LANDING The path may not be smooth, but the economy will grow at a sustainably slow pace this year. Stagnation isn't in the cards--nor is pressure on interest rates.
34. Business Roundup.
35. Why the Prospect Is Suddenly Darker.
36. MANUFACTURING LIVES!
37. WHEN OIL PRICES WOULD HURT.
38. THE SLIDING INVESTMENT MYTH.
39. FORTUNE FORECAST PRODUCTIVITY PERKS UP Manufacturers have scored stunning improvements.
40. INVENTORIES: NO SWEAT Companies are working off the first-quarter excess.
41. PLEASING PROFIT PROSPECTS Both book and operating profits are moving up.
42. DON'T BUY PREDICTIONS OF A GROWTH SPURT Despite some recent go-go signals, GNP isn't jumping. Look for a sustained, respectable rise by spring -- and a moderate pickup in inflation, already under way.
43. THE ECONOMY WHY INTEREST RATES SHOULD HOLD STEADY The Fed has cut the discount rate a little and issued slightly different money supply targets, but rates are likely to stay about the same through the end of 1987.
44. A BREAK ON PRICES Inflation will stay below 4% this year thanks to oil prices, but it will kick upward in 1987.
45. CONTROLLING INVENTORIES Business has them in hand, and won't trim much more.
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