The government cut its forecast of growth this year for the second time in three months, to less than 1 percent.

In some cases, the growth forecasts are a full point higher than those of economic experts.

The current growth forecast of 2 % looks set to create even more unemployment.

That is half the growth forecast at the beginning of the quarter.

But he said it is way too early to begin changing the forecasts of slow growth here.

For the fourth quarter, the growth forecast is 15.8 percent.

As a result, many economists are cutting their growth forecasts by 1 to 2 percent for the year ahead.

The proposed budget is based on forecasts of strong economic growth, with total state income rising by 4 percent.

"It suggests that she revised the economic growth forecast of the state," he said.

His 1988 budget appeared to meet them only by using phony growth forecasts.