Fairfield University economics professor issues 5-year state economic forecast, available for interviews on year-end economy wrap-up stories


Media Advisory

Job growth in Connecticut will be slow but steady next year, as the state economy begins to pick up, according to Edward Deak, Ph.D., the Roger M. Lynch Professor of economics at Fairfield University.

"The early portion of 2004 on the national level, will be very important for the direction and strength of the Connecticut economy in 2004," said Dr. Deak, noting that a variety of factors could have an impact.

"A bitter and divisive presidential election could be detrimental to the economic recovery," he said.

Dr. Deak, who is frequently sought by the media for his economic forecasts and commentary for economic stories, delivered his 5-year economic forecast for the Connecticut economy at a conference last week for the New England Economic Project. Dr. Deak recently published a book, "The Economics of e-Commerce and The Internet" (Southwestern Thomson Learning 2003).

Enclosed is a summary of Dr. Deak's forecast. Please feel free to quote from Dr. Deak's forecast with credit. Dr. Deak is also available for interviews on breaking news or year-end economic wrap-up stories.

Dr. Deak can be reached at his office at (203) 254-4000, ext. 2866 or at home at (203) 268-6088.

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Media Contact: Nancy Habetz, (203) 254-4000, ext. 2647, nhabetz@fairfield.edu

Posted on October 22, 2003

Vol. 36, No. 101