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Business
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| Number of pages / Number of words: |
31 / 8630 |
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economy should see another 1.5 - 2 years of continuing upward trend before it turns down.
I believe we are now slowly approaching the top of the business cycle - the expansion period should come to an end pretty soon. I don't think this will occur in 1998; the indicators still look very promising for this year...
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On the other hand, 1999 might experience sharp increases in interest, inflation, and unemployment indicating that the economy is overheated and about to turn down.
Industry Analysis
The automobile industry is a highly cyclical one, i.e. an economic boom is generally accompanied by high sales in the automobile industry, while sales usually suffer during economic downturns (let alone recessions)...
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