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Chicago Fed Letter, No. 54, February 1992
1992 Outlook: A Question of Confidence
A sense of caution framed consumer and business decisions during 1991, culminating in a year-end slump in confidence that helped to smother the recovery. In a cloudy forecasting environment, thirty-eight economists and business analysts participated in the Federal Reserve Bank of Chicago's fifth annual Economic Outlook Symposium on December 11,1991.
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