The Recovery Rolls On

TIME's Board of Economists sees steady growth ahead

The U.S. economy is a bit like an Olympic bicycle racer rolling along with the breeze at his back. Once he builds up speed, not even powerful brakes can bring him to an abrupt stop. And so, after barreling ahead at an 8.8% annual growth rate during the first half of 1984, the economy will slow in the coming months, but it still has enough momentum to keep going at least through 1985. Even a national auto strike against GM would have only a limited and temporary impact, unless it lasted for many months.


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!