TIME's Board of Economists
ONE year ago, TIME'S Board of Economists went out on a long limb and predicted that the then feeble recovery would gain enough strength in 1972 to produce the first $100 billion gain in gross national product ever recorded by any country. That bullish forecast has turned out to be slightly too conservative: the advance for this year will turn out to be some $101 billion. The board now predicts that 1973 will be even better, with a G.N.P. rise of around $110 billion, to the elevated area of $ 1,262 billion.
The range of forecasts, ventured at...
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