While economists have hailed the emissions trading concept, utilities, which are inherently conservative, have been slow to warm to the concept.

Taking a "glass is half-full" tack, two prominent regional economists hailed the data as indicative of economic recovery in Nassau and Suffolk.

If they succeed, environmentalists around the country could follow suit and a system that economists have hailed as a cheap way to clean the environment could be stopped before it gets started.

Administration officials and many economists hailed the report as an indication, in particular, that improvement has been achieved despite the run-up in the dollar since the beginning of the year.

But most economists and Government officials hailed the reduction, though many described it as possibly too little too late.

What economists hail as rational use of resources looks to them like yet another assault on the traditional way of life they prize.

Some economists hailed Mr. Takenaka's elevation as a turning point for the world's second largest economy.

But economists and the companies making the investments hail the foreign expansion as a testament to American efficiency.

It is a sign of how poorly the city fared in the recession that many economists and fiscal monitors are hailing even this new, sluggish growth.

With December retail sales at a 30-year low, economists and politicians are hailing 2002's holiday season as the best in three decades.