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Economy: more of the same for 2005.

Publication: Metal Center News
Publication Date: 01-JAN-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Economy: more of the same for 2005.(Service Center News)

Article Excerpt
All four quarters of 2005 should see GDP growth of 3.5 percent or higher, promising another moderately strong year for the U.S. economy, according to Jeffrey C. Fuhrer, senior vice president and director of research at the Federal Reserve Bank of Boston.

For the economy to see another year of respectable 3 to 4 percent growth "implies a gradual absorption of some excess capacity that we believe is still in the economy. For that to...

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