facebook
twitter
rss
account
search
search
 

Report: U.S. economy should grow in '06

Dec. 9, 2005 at 9:22 PM   |   Comments

CHICAGO, Dec. 9 (UPI) -- A Chicago economic consulting firm says the four-year-old U.S. economic expansion has a long way to go before it dies.

The chief economist of Mesirow Financial, Diane Swonk, said Friday that "productivity growth, which helped keep inflation at bay in the 1990s, has been stronger in recent years.

"Growth will likely moderate but not collapse in the year ahead. Moreover,

a bit of moderation could be just what we need if it helps stabilize

inflation, which would set the stage for growth in 2007 and beyond," she said.

Topics: Diane Swonk
© 2005 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
GM recalls 221,000 Cadillacs and Impalas GM recalls 221,000 Cadillacs and Impalas
2
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
3
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
4
Ukraine's State Guard Service receives armored personnel carriers Ukraine's State Guard Service receives armored personnel carriers
5
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
Trending News
Video
x
Feedback