AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

The expansion of 1982:4 - ?: history and forecasts.

Economic Outlook USA

| December 22, 1989 | Zarnowitz, Victor | COPYRIGHT 1989 University of Michigan, Survey Research Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The Expansion of 1982:4 - ?: History and Forecasts

Recoveries and Slowdowns

Among the long observed "stylized facts" of business cycle history is the positive correlation between the amplitudes of a contraction and the subsequent expansion. Deep declines tend to be followed by large rises in output, shallow declines by small rises. Conforming to this rule, the severe recession of 1981-82 issued in the vigorous recovery of 1983 and early 1984. A frequent characteristic of long business expansions is that they contain one or two phases of below-average growth. Such periods of moderation can prolong the duration of the expansion, particularly if accompanied ...

Related articles from newspapers, magazines, journals, and more
KFS chief investment officer forecasts 2-3 percent growth in real GNP in 1989....
Press release article from: PR Newswire September 30, 1988 700+ words
...3 PERCENT GROWTH IN REAL GNP IN 1989 CHICAGO, Sept...sixth year of its current expansion, however, there are...do -- with flattening real GNP growth, increased inflation...specifically for 3 percent plus real GNP growth in 1988, 2...
Did leaving the gold standard tame the business cycle? Evidence from NBER...
Magazine article from: Southern Economic Journal Young, Andrew T. Du, Shaoyin October 1, 2009 700+ words
...length of business cycles. Expansion and recession lengths are...considering the length of expansions or the ratio of expansion length to the following recession...examining the volatility of real GNP suggests a considerably later...
Alternative measures of real GNP. (gross national product)
Magazine article from: Survey of Current Business Young, Allan H. April 1, 1989 700+ words
...BEA to develop alternative measures of real GNP for presentation in the comprehensive...It also shows the present measure of real GNP, in which output is valued in 1982 prices...in this article, a single measure of real GNP cannot be considered sufficient for all...
Third-quarter real GNP growth expected to be 2.0 percent; Kidder, Peabody...
Press release article from: PR Newswire August 28, 1989 700+ words
THIRD-QUARTER REAL GNP GROWTH EXPECTED TO BE 2.0 PERCENT...today issued the following statement on real GNP growth: The yield curve has reinverted...far less than originally reported. Real GNP for the second quarter will be revised...
The economy: choose your yardstick. (economic indicators present gloomier...
Magazine article from: The Economist (US) May 25, 1991 700+ words
...businessmen and consumers? Look more closely at the numbers. Real GNP fell by only 1.1% between the third quarter of last year...definition of a recession is two successive quarters of falling real GNP-implying that the recession started in the fourth quarter...
Data Resources Inc. estimates that the real GNP grew at a moderately higher...
Press release article from: PR Newswire March 24, 1986 700+ words
...Year Prior Prior Quarter, Level Ago Quarter Compound Rate ------- ---- ------- -------------- Real GNP ($Billion, 1982 Prices) Mode 3615.7 1.9 0.7 2.8 Range Minimum 3607.7 1.7 0.5 1.9 Maximum 3626.2 2.2...
The role of business investment, residential investment, and tax incentives in...
Magazine article from: Atlantic Economic Journal Garrison, Charles B. December 1, 1991 700+ words
...stages of the expansion of the U...the current expansion is either...increase in real GNP. Liebling...of previous expansions. Additional...movements in real GNP. Specifically...extending the expansion. This distinction...
Is the Game Over for the Economic Expansion? With Slowing Evident, Analysts...
Newspaper article from: The Washington Post John M. Berry April 9, 1989 700+ words
...is just another pause in the expansion-there have been several since...recession. The last pause in the expansion began three years ago. A large...two more quarters in which real GNP rose at little more than a...forecasters expect the report to show real GNP rising at about a 5 ...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA