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Table: What Economists Are Forecasting


Cover Story: WHERE TO INVEST: U.S. ECONOMIC OUTLOOK

TABLE: What Economists Are Forecasting

PERCENT CHANGE IN REAL GROSS DOMESTIC PRODUCT

1995 1996 IIQ '95

II III IV I II IIQ '96

MICHAEL KERAN Prudential Insurance 2.5 3.5 3.5 2.5 2.5 3.0

DANIEL E. LAUFENBERG American Express

Fin. 2.2 2.7 3.4 2.8 2.2 2.8

MICHAEL R. ENGLUND MMS International 1.5 3.0 3.0 2.5 2.5 2.8

SAMUEL D. KAHAN Fuji Securities 2.0 2.5 3.0 2.0 2.8 2.6

JOHN R. WILLIAMS Bankers Trust 1.3 2.5 2.5 2.5 2.5 2.5

CAROL A. LEISENRING CoreStates

Financial 1.6 2.2 3.1 2.8 2.2 2.5

JAMES C. COOPER & KATHLEEN MADIGAN

BW 1.4 2.1 2.4 2.7 2.7 2.5

JAMES R. SOLLOWAY Argus Research 1.5 2.4 3.5 2.1 2.0 2.5

IRWIN L. KELLNER Chemical Bank 1.5 2.3 2.8 2.5 2.3 2.5

L. DOUGLAS LEE NatWest Washington

Analysis 1.9 1.2 1.5 3.9 2.8 2.4

KURT KARL WEFA Group 2.1 2.4 2.0 2.2 2.5 2.3

LAURENCE H. MEYER Laurence H. Meyer

& Assoc. 0.5 1.7 2.5 2.6 2.3 2.3

MICHELLE COLLEY LAUGHLIN Sanwa

Securities 1.2 1.5 3.0 3.5 1.5 2.2

NICHOLAS S. PERNA Shawmut National 2.1 1.8 1.9 2.3 2.7 2.2

D5.6AVID H. RESLER Nomura Securities

Intl. 0.8 1.8 2.2 2.4 2.5 2.2

MAUREEN ALLYN Scudder, Stevens & Clark 2.0 2.6 2.3 2.6 1.2 2.2

LLOYD T. O'CARROLL Reynolds Metals 1.4 0.6 2.4 2.7 2.9 2.1

JOHN D. WALTER Dow Corning 1.4 2.1 1.5 1.8 2.5 2.0

ROGER BRINNER DRI/McGraw-Hill 1.1 0.9 1.7 2.5 2.8 2.0

C. HEATHER DILLENBECK U.S. Trust 1.0 1.5 2.5 2.0 1.0 1.8

AVERAGE 1.6 1.9 2.4 2.5 2.2 2.3

DATA: BUSINESS WEEK


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