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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Recession or Expansion in 1961?--A Joint Forecast of the Business Outlook as Seen by 23 Experts
Williams, Robert M.
3
/
2
(
Winter
1961
):
9
-
16
Prediction for 61: The recession is on its way out. Recovery should occur before midyear, and from then on the track is clear and. Business has the green light for expansion. By the end of 1961 the American economy should reach a new high with a GIVP of 514 billion dollars for the year. This is the collective opinion of twenty-three economists and authorities on business whose forecast of tile shape of things to come in the business world is printed here with substantiating data and figures.