Economics, Econometrics and Finance
6 years ago

Major economies face slower growth in 1977, challenging unemployment and inflation rates.

Quarterly economic commentary
Review of the quarter's economic trends [January 1977]
Alan Carruth, Mike Danson, John Duignan, M. E. Glassford, Frank X. Kirwan, David R. F. Simpson, Alison A. Wingfield

Paper Summary

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The pace of economic recovery slowed down in 1976, and it's unclear if it was just temporary. The growth in major economies in 1977 might be slower than expected, making it hard to reduce unemployment and inflation rates. Future developments could be challenging based on the available evidence.