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Show The Salt Lake Tribune NATION Beatieg (he tooeamy by Shases Boon Reshapes Economists’ Predictions = The “t But Mideast tension could di _ 1 fiscal recovery have powered ahead. ton over the past year has in- first quarter, following the 1.7 1990-91, pushed unemployment percent growth in the fourth quarter, would go a lung way ee THE WASHINGTON — Experts toa high of 7.8 percent. Many analysts expressed gressive interest rate cuts by toward giving the reboundaV- doubts that the Fed will let un- after the mists had expected. What will the rest of the year productivity takes another large upward jump. With Sept. 11 attacks. Sener:ayfn elect ee the stronger growth fn productiv- ; completed first quarter will 5 percentfor the rest of the year. Economists say growth in that range will keep unemploy- sins conte Per ere rise, analysts say a “W” — the dreaded doubledip recession — cannot be ruled out. So far, the economy has bounced back from the first re- common view wasthatthe recovery would start slowly, with the gross domestic product rising at around 1 percentrate. ‘Thatreflected the view that dicators, rose to 5.7 percent in March, the government reported Friday. Many econo- — who normally cessionin a decade with a pow- drive the economy out of a downturn — would provide less momentum this time mists say it will peak at 6 “We've had a very good start around because their spending had held up so well in 2001. Idaho, Kettering Win Snowmobile Contest aR UBC eee ee ari nal ParkSer JACKSON, Wyo. — The when the National Dr. Leonard Swinyer of the Dermatology Research University of Idaho and Michi- vice began mulling a ban on seme}in national ainhes noise cue college engineering Engineers and the Instiateof to develop cleaner, aae The competition, which ment stable. The jobless rate, which iags other economic in- percent this summer before starting to decline. While that would be significantiy higher than the 40-year low of 3.9 percent reached dur- ing the 1991-2001 expansion,it would be well below the jobless WANTED ws #1000prise money, inesoarafiat ace carry over, but most analysts GDP will rise at a healthy rate of 3 percent to 4 surge. won aeae peaks set in previous down: A gain of 6 percent in the turns. The last recession, in Federal Reserve and bil shape rather than the ferward- employmentfall as low as it did lions of dollars in increased leaning I-shape that econo- jin the last expansion unless BY MARTIN CRUTSINGER = Poor’s in New York. ciuded President Bush’s $1.35 trillion, 10-year tax cut, the ag- ‘The fuel added by Washing. < srupt rise * ‘THE ASSOCIATED PRESS A7 Sunday,April 7, 2002 Improvement will depend on the economy continuing on an upward path and avoiding the feared W-shape, in which the economy expands for a while but then turns back down into a second recession. At the moment, analysts say the possibility ofa bagntoeg recession is a remote threat with most indicators giving . vorable signals that the recession that began in March 2001 has ended and growth prospects are brightening. neeetennel Ted aaa 3 100TH ANNIVERSARY Center is iooking forpeople age 18 and older with mild to moderate plaque psoriasis to take part in a research study testing an investigational ointment applied to the skin. Must be in good general health. Mustnot be pregnantor nursing. This is an eight week study with five office visits. Compensation giver to qualified individuals. For more information ity — the amountof output per worker — unemployment can go lower without triggering in- flationary wage pressures. ' Family Eyeglass Event! | call (801) 269-0135 weekdays. Autism Ve meee sae ea Leonard's. Swinyer: M.D,. PC 3920 South 1100 East, Suite 310 Salt Lake City. 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