Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.forbes From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: THE FORBES INDEX Date: Wed, 18 Nov 92 14:52:03 EST Message-ID: "Copyright 1992 Forbes, Inc. Any further reproduction or redistribution without the express written permission of Forbes and ACC is prohibited." THE FORBES INDEX BY ROBERT ROSENSTEIN The Commerce Department estimates that the economy grew at a 2.7% real annual rate during the third quarter. That's not bad, but gross domestic product statistics are subject to large revisions. And the deficit? Treasury reports that it hit $290 billion for the fiscal year ended Sept. 30. That's a new high, but down from the $399.7 billion forecast for fiscal 1992 made in the President's budget report last winter. The deficit now amounts to 4.9% of GDP, the largest ratio since 1986. The alltime high for deficit/GNP was during World War II--1943's 31.1%.  "This information is the property of Forbes, Inc., ACC takes no responsibility for its content, or the actions of any individual or institution, predicated on the information herin. Forbes Subscriptions are available to students and faculty members at the student/educator rate of $33 for one year, 27 issues. Regularly priced $52. Information about print subscriptions may be had by calling 1-800-888-9896. For further information about the electronic version of Forbes, contact usa@AmeriCast.COM"