Quick Quotesfor1987

A random sampling of ideas and opinions

"Housing had been one of the keys to growth. It's not going to be an engine of the economy as much anymore."

Maury Harris Chief Economist Paine Webber Inc.

"Housing is still a cyclical business . . a gradual tapering off in housing starts in the coming months."

John Tuccillo Chief Economist National Council of Savings Institutions

"1987 total starts will drop 160/o nationwide: single family itarts down 8% and multifamily down 2l%' All regions should see a decline: a 120/o drop in the Northeast, l7% drop in the Midwest, 130/o in the South and 8% in the West."

Michael Sumichrast Senior Economic Advisor National Association of Home Builders

"We are either going to make it in these markets (exports) or not at all."

George Weyerhaeuser President and Chief Executive Officer Weyerhaeuser Co.

"California will replace France as the fifth largest economy in the world at the start of the 21 st century. "

Joseph

A. Wahed

Senior Vice President and Chief Economist Wells Fargo Bank

"Arizona's economy (is) best described as muddling through."

Marshall Vest Economic Forecaster University of

Arizona

"Like everywhere else, New Mexico has too many office buildings, too many health care facilities, too many retail stores and too many apartments."

Brian McDonald Director, Business Research Bureau University of New Mexico

Nancy McCallin Research Economist United Banks of Colorado

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