Economists See 1988 Recession Risks Rise
Corporate economists foresee 1987 modestly better than 1986 but project a recession in 1988 or 1989. NABE members split on timing with 30 percent predicting 1987 recession, 60 percent 1988, and 90 percent 1989. Growth seen at 2.8 percent next year, jobless rate near 7 percent, and deficits of 195 and 180 billion in 1987 and 1988 respectively.
MENTIONED IN THIS ARTICLE
Jerry Jordan
National Association of Business Economists
NABE
Jordan
Reagan
First Interstate Bancorp
Congress
White House
Scripps Howard News Service
White House forecast sees growth with higher inflation in 1987
The Council of Economic Advisers predicts moderate 1987 growth but higher inflation about 3.6 percent, with no recession foreseen. BAU expects unemployment averaging 6.7 percent and a slight drop in interest rates, while past forecasts forgave 1986 delays.
MENTIONED IN THIS ARTICLE
White House
Beryl Sprinkel
Council of Economic Advisers
Sprinkel
Reagan
Treasury
Gulf Coast Health Technologies launches mobile lithotripter service
A new for profit firm in northwest Florida plans a mobile lithotripsy unit to treat kidney stones. Four area hospitals including Humana Fort Walton Beach will host the 48 foot semi trailer carrying a treatment room a mechanical room and a control room. Service begins mid December by physician referral.
MENTIONED IN THIS ARTICLE
Gulf Coast Health Technologies
Florida
Humana Fort Walton Beach
Destin Humana Hospital May Grow Like Fort Walton Beach by 1996
Humana Hospital Destin opened three months ago and by late November had admitted 144 patients. If the city expands, officials predict Destin’s facility could become another Fort Walton Beach Humana by 1996. Administrators emphasize it is a full service hospital now and may expand services based on demand and physician input.
MENTIONED IN THIS ARTICLE
Destin
Fort Walton Beach
Humana
Humana Hospital
Jim Wilson
Wilson
Fort Walton Beach Humana
Destin Hospital
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