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The Conference Board sees more growth ahead.

October 24, 1985

While a large number of business economists are predicting a recession next year, the Conference Board's panel of senior financial executives is projecting two more years of real economic growth. The panel, which includes leading financial executives in non-financial corporations, expects the real gross national product to rise by 2.5% in 1986 and 2.8% in 1987. Inflation is seen as averaging 4% in 1986 and 4.5% in 1987. "Survey results reflect sharp differences over the economic outlook between the surveyed financial executives and professional economists," Vincent Massaro, Conference Board economist who conducted the survey, said.

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