Economics Prof. Saul Hymans and colleagues say they expect inflation and unemployment to rise slightly in their annual forecast update of the U.S. economy.
Hymans contends the current pace of 4.3 percent growth will decrease to 2.3 percent in the second quarter of this year. The forecast predicts the growth rate will remain at 1.5 percent from mid-1999 to mid-2000.
The researchers also predict that unemployment will rise from about 4.4 percent now to 5 percent later this year. Similarly, they expect inflation to increase from .8 percent last year to 2.2 percent in 2000.
They also predict:
n Consumer spending will increase 3.8 percent in 1999 and 2.8 percent next year.
n Private housing starts will fall from 1.62 million units in 1998 to 1.49 million units in 2000.
n Light vehicle sales will decrease from 15.6 million units in 1998 to 15.2 million in 2000.
The doctor will present her findings in a speech next week at the School of Public Health.
Judelson, who served as president of the American Medical Women's Association, will give the lecture titled "Coronary Heart Disease in Women: How Gender Differences Impact Quality of Care," at 4 p.m. in auditorium one. It is free and open to the public.
The lecture is part of the "Quality Assessment in Women's Health Care" lecture series sponsored by the School of Public Health.
A new station opened in Berkeley, Calif. on Tuesday and gas was not being served. That's because the station will charge environmentally-friendly electric cars, the first station ever located in a city office, reported the Daily Californian.
The inductive charging station located in a parking lot in downtown Berkeley will let motorists recharge while at the office. The station will increase the distance workers at the Union of Concerned Scientists can travel from home.
The General Motors EV 1 can travel up to 80 miles without being recharged. Improvements to the car's battery will soon extend the range to 150 miles.
Colorado students designed an exercise machine made to withstand micro-gravity conditions for NASA, reported the Rocky Mountain Collegian. Nicknamed Leonardo, the machine uses constant force springs and complete concentric and eccentric exercises for all major human muscles.
NASA concentrates on exercise technology because human muscles atrophy in zero-gravity conditions, which restricts astronauts' time in space.
"There is a space-race for exercise equipment," said Tara Ruttley, a Colorado student who worked on the machine told the Rocky Mountain Collegian. "And our (machine) seems to be winning."
Astronauts will also exercise on a stationary bike and a cardiovascular machine on the space station.
- Compiled by Daily Staff Reporter Gerard Cohen Vrignaud.
03-18-99
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