Recovery: How Fast and How Far?
This report, produced by the Congressional Budget Office, was written in 1975 when key economic indicators were signaling that the U.S. was recovering from its longest and worst recession since the 1930s. The report discusses forecasts for increasing production, but continued high unemployment, and likely renewed inflation due to rising prices. The CBO presents alternative public policy actions, including recommendations for the Federal Reserve System, that were estimated to have significant effects on the rate of recovery during the following couple of years.
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United States. Congressional Budget Office, ([year]), Recovery: How Fast and How Far?, [issue title/date], accessed Mar 10, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=109