Expansionary monetary policy, a lower dollar and drastically reduced oil prices combine to paint a rosy short term outlook for the national economy. Even the tragic nuclear accident in the Soviet Union may assist the U.S. economy by propping up sagging agriculture prices. While these forces are likely to contribute to short run growth, they do raise the threat of inflation. However, a rapidly rising price level is unlikely to emerge as a concern during the current year.

     The national and international forces mentioned above also bode well for the Central Wisconsin economy. Lower interest rates and a lower dollar should continue to benefit area manufacturers. The region's important tourism industry will be assisted by low gasoline prices and the increased safety risks of international travel. A series of major nonresidential construction projects spread throughout the region will also stimulate economic activity.