Surging Up from the Depths

TIME'S economists see strong growth but warn of lurking deficits

The economic recovery, which took off with a stunning leap in the spring and summer, has enough momentum to keep it going at least through 1984. Growth will slow a bit but stay strong, and inflation will remain moderate. The unemployment rate will gradually fall. That was the favorable forecast of TIME'S Board of Economists, which met last week in New York City. Said Otto Eckstein, chairman of Data Resources, a Lexington, Mass., economics consulting firm: "Once the economy starts going up, the forces...

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!