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Asian Recovery Hinges On American Comeback
Aviation executives believe the Asia market will recoup in the second half of 2002, provided the U.S. economy turns up and alleviates Singapore's manufacturing fall-off and Japan's protracted stagnation.
U.S. forecasters predict the states will post 2.5% real growth this year if the world recession is over by the end of March. U.S. growth might reach 4.3% in 2003.