Consumer confidence will play a key role in shaping the U.S. economy for the remainder 1999, says G. Mustafa Mohatarem, chief economist for General Motors Corp. While analysts continue to forecast a slowdown in the U.S. economy, Mr. Mohatarem chooses to take an optimistic view. “The slowdown in the U.S. will be less sharp than the consensus,” Mr. Mohatarem predicts, citing a remarkable performance over the last six to seven years. Considering the expansion in the U.S., the growth in the ...

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