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- Title
Outlook Summary for 2004.
- Abstract
This article presents forecasts related to the U.S. economy for 2004. Gross domestic product is to approach 4 percent in 2004. The economy could generate close to two million new jobs. The stock market will continue to make gains, although at a less spectacular rate than in 2003. Housing starts will continue near the same level of about 1.7 million to 1.8 million starts. While a rise in interest rates will dampen housing starts, the continued economic recovery should offset this. World economic growth will be around 4.1 percent, with an economic upswing for essentially all world regions, except Japan.
- Subjects
UNITED States; ECONOMIC forecasting; ECONOMIC indicators; GROSS domestic product; HOUSING starts; INTEREST rates; STOCK exchanges
- Publication
Indiana Business Review, 2003, Vol 78, Issue 4, p28
- ISSN
0019-6541
- Publication type
Article