A Happy New Year? Experts weigh in on whether 2004 will be the year the economy turns around.
By Steve Cooper •
Opinions expressed by Entrepreneur contributors are their own.
Due to our magazine production cycle, these four economicexperts were originally interviewed in September 2003 for thisarticle. In order to provide you with their latest predictions, wetalked to them again in November. Following their originalstatements are their follow-up comments.
Ken Goldstein, Economist,the Conference Board Inc.
"At the midpoint of 2003, we finally saw the transition fromconsumption alone to consumption plus investment. Next year,we'll see a continuation, a pickup in investment, along with acontinuation of reasonably strong consumer spending. Some inventoryrebuilding will be added to the mix as well, not at the beginningof the year, but perhaps in the first half of the year.
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