Mises Daily
Author:
Frank Shostak
Online Publish Date:
A top panel of economists slashed their forecasts for US economic growth this year, saying the threat of war with Iraq was dampening consumer spending and business activity. The Blue Chip Economic Indicators panel of forecasters said it expected GDP to expand at a rate of 2.6% in 2003. The prediction made in January stood at 2.8%. The looming war