The stagnant Connecticut economy will remain sluggish throughout 2002 although the situation will improve a tad in 2003, according to Edward Deak, Ph.D., professor of economics at Fairfield University.

Enclosed is a summary of Dr. Deak's forecast of Connecticut's economic outlook for the New England Economic Project. 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.

To receive a copy of Dr. Deak's full report, please contact Nancy Habetz, assistant director of media relations at Fairfield University, at (203) 254-4000, ext. 2647. Dr. Deak can be reached at his office at (203) 254-4000, ext. 2866 or at home at (203) 268-6088.

Posted On: 11-15-2002 09:11 AM

Volume: 35 Number: 121