Quick Quotes for 1993 A random sampling of ideas and oprnrons

By this time next year, "the economy should be in a solid recovery - one that should last at least for another three or four vears."

Richard F.Ilokeson Economist

Donaldson, Luftin & Jenrette Securities Corp.

"The recent spurt of post-hurricane rebuilding in Florida and Hawaii wasn't enough to pull the (construction) industry out of its slump."

Douglas P. Handler Econometric Analysis Manager Dun & BradsreetCorp.

"I just hope that he (Clinton) and his Democratic cohorts in Congress remember that only the private sector can create long-term, survivable jobs."

Jarnes L. Vincent Chairman Biogen Inc.

"Yes, things are improving, but there are still parchy spots."

Rosalind Wells Economist NPD Group

"Higher interest rates in the near term will impede the recovery in the interest sensitive housing sector. However, a revival in income growth (which will occur in 1993) and/or a more upbeat oonsuner will push the housing market ftom the 1.20-1.25 (million) level to the 1.30-1.35 (million) level by mid-1993." Resource Information Svstems Inc"

"I wouldn't say we should bring out the party horns and start celebrating (refening !o current retail sales figures)."

James Chessen

Chief Economist American Bankos Association

"If you don't feel crazy, you're not in touch with the times!"

Tom Peters Author of Liberation

Managerncnt

"It is essenl:l| that the bank loan markets be restored to a semblance of vigor if adequate financing of overall grow0 is 0o re-emerge."

Alan Greenspan

Fed€ral Reserve Chaimran Washington, D.C.

"The economy will grow l.2Vo in the current quarter and continue to rise slightly in 1993, with first quarter growth of 2.37o."

The Coqgrrcssional Budget Office

Washingtou D.C.

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