The company will scale back spending in chemical operations because industry growth has slowed, he said.

American said yesterday that it planned to expand only about 2 percent a year, in line with industry growth.

And we are continuing to expect to see slow industry growth in loans.

Increased travel by Americans is propelling industry growth of 10 to 12 percent a year, executives say.

The real industry growth is likely to come from beyond American borders.

Still, he said, reimbursement problems and high prices have not slowed industry growth that much.

Quality management, a competitive or innovative advantage, and industry growth are also major concerns.

The buying comes as several critical sources of industry growth are slowing.

Students seem to hold the key to industry growth in the United States.

Overall industry growth has been about 3 percent a year.