Stronger growth ahead for economy in '93-94. (prediction by Cahners Economics)

Modern Materials Handling, January, 1993

Editor's note: Every year, at this time, we sit down with the top experts at Cahners Economics and ask: Where's the U.S. economy headed? James Haughey, vice president, economics and research, and Kris Bledowski, senior economist, answer with their forecasts and analysis.

Our economists this year, however, have had to consider an added dimension in the economic outlook: Within weeks, the dramatic reformulation of the power equation in Washington, D.C., finally unfolds. The Clinton Administration takes over. New faces will populate Congress. Reshaping economic policy tops many of the politicians' agendas.

Economists Haughey and Bledowski suggest the new administration's impact on the economy will be gradual, affecting business and consumers more in 1994...

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