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November 1991

The U.S. economy into the 21st century

Norman C. Saunders

Gross national product is projected to increase 1. 5 percent per year (low-growth scenario), 2.3 percent (moderate growth), or 2.9 percent (high growth) over the 1990-2005 period; key shifts are expected in consumer, business, and government spending, and foreign trade. This article reviews BLS projections of the U.S. economy to 2005.

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