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Mon, Sep 16, 2002 - Page 12 News List

Some US economists remain bullish

KEEP THE FAITH While investment banks are reeling after a series of corporate bankruptcies and equities investors have been stung, underlying strength remains

NY TIMES NEWS SERVICE , NEW YORK

"Everything I hear from companies about capital spending continues to be downbeat."

Still, while some forecasters have become more cautious lately, economists generally remain more bullish about the outlook for the economy than many top corporate executives in America.

Perhaps that's because, as Moore put, at least among economists there are "some optimists out there to balance the pessimists."

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