ForecastResearch and Planning Division, First Interstate Bank of California, 1979 - California |
Contents
Dr Raymond Jallow | 7 |
A Mixed Performance ConsumersOnly Modest Slowing BusinessMeeting the Challenges of 1979 | 13 |
Problems Amid Successes InflationSlight Easing But Too High More FormalControls What Effect? | 27 |
Copyright | |
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1978 estimated Annual average banks basis points billion in 1979 borrowing California car sales Change Over Prior commercial construction Consumer Price Consumer Price Index continue crease credit crunch decline demand economic growth employment gains Estimated 1978 Forecast expansion expected exports factors farm income Federal Federal Funds Rate financing foreign funds rate Gross growth rate higher housing starts imports incomes policy increase inflation rate inflow interest rates investment levels loans lower ment METROPOLITAN AREA moderate monetary policies money market money supply months of 1978 mortgage move nations Nonresidential OPEC outlook peak pected Percent Change plant and equipment Price Index prime rate production Proposition 13 rate of inflation real growth reduced result Retail Sales rise sales and profits sector sizeable state's strong substantial Swiss franc target taxes tinue tion tive Total Personal Income trade trend U.S. dollar U.S. economy unemployment rate volume wage