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Experts are becoming increasingly convinced
that slow growth and government efforts to reduce the value of the dollar in
international exchange markets will force interest rates down further. This will
allow the economy to continue expanding at a moderate pace. However, with the
saving rate likely to return to more normal levels and an increasingly
restrictive fiscal policy, continuation of the economic expansion will become
increasingly problematic in 1986.
After adjusting for
seasonal factors, the Central
Wisconsin economy is likely to continue
growing. Gains in manufacturing employment recorded during the second and third
quarters should filter into the service and trade sectors during the fourth
quarter. This process will be enhanced by the opening of Stevens Point's
CenterPoint Mall. Employment gains will be restricted in the region by layoffs
at Wausau's
Zimpro Corporation and
Stevens Point's Soo
Line.
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