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Carter officials hedge on recession assurances
Washington AP reports Carter administration officials acknowledge the economy is slowing faster than expected and debate whether a recession is already under way. Private economists argue slow housing, manufacturing, and employment data signal recession while officials caution against premature conclusions.
MENTIONED IN THIS ARTICLE
Washington
Lyle £. Gramley
The
Council of Economic Advisers
Gramley
Federal Reserve Board
G. William Miller
Fed
Miller
Carter
Michael K. Evans
Evans Economics Inc