For 6 years, the Nation has followed a path of sustained economic growth, low inflation, and growing employment and productivity. As expressed in the 1982, 1984, and 1986 President's National Urban Policy Reports, this effort has been the cornerstone of the Administration's urban policy. Upon it have risen the increased capacity and self-confidence of the State and local governments, empowered by the Administration's federalism. and a burgeoning emphasis on public-Private cooperation and privatization to meet public goals. Once the recessions of 1980 and 1982, triggered by a decade of inflationary stagnation, had receded, the people of the Nation's urban areas moved rapidly to seize the opportunities provided by a revived national economy.

This report is part of the collection of scanned historical documents available to the public.