dc.description.abstract |
The general economic picture for 1965 indicates another better-than average
year for the nation as a whole. Strong advances in economic
activity now underway will likely continue at least through the first
half of the year. Current trends reveal no serious imbalances in the
economy. Forces expected to shape demand expansion for business, consumers
and the government in coming months are (1) continued uptrend in
business investments, (2) favorable inventory-sales ratios, (3) further
improvement in the goods and services export-import trade balance, (4)
more favorable factors affecting demand for housing, schools, and facilities,
(5) expanded consumer purchases of goods and services, (6) another
big sales year for autos, (7) larger consumer expenditures for food, and
(8) increased government purchases of goods and services. |
en_US |