After surging, stumbling and then bouncing back last year, the U.S. economy should settle down to a steadier, healthier pace in 1985. That was the optimistic forecast of TIME's Board of Economists when it met to survey the business outlook for the year. Despite concern about the instability of the dollar and the huge U.S. trade and budget deficits, the economists predicted that growth in the gross national product, after adjustment for inflation, will be a solid 4% this year, a middle course between the harrowing extremes of 1984. Growth last year ranged from 10.1% in the first three months down...
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