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1980 lag, '81 stagnation forecast for US by OECD

The United States can expect a continuing decline in economic activity throughout this year and virtual stagnation in much of 1981, the Organization for Economic Cooperation and Development forecast Thursday.

It forecast a 1 percent decline in gross national product this year after a 2 .3 percent rise in 1979. In the first half of 1981, GNP is expected to return to zero growth, where it could remain for much of the year.

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It is also predicted that Japanese exports will increase in volume by slightly more than 14 percent this year.

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