TIME'S BOARD OF ECONOMISTS: The Recovery Looks Good

TIME'S Board of Economists

FORECASTERS have been promising a good year for the economy in 1972, and judging by the results so far, they have been too cautious. Just about every measure—from corporate profits to the length of the average work week —has made the transition from hopeful promise to unmistakable power. Still, bosses and workers alike, with unpleasant memories of a recession fresh in their minds, are wondering how long profits will continue to rise and overtime checks fatten the payroll. Answer: Well into 1973 and perhaps longer, though there may be a...

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