51.   Some reports of layoffs can be misleading, said Steve Cochrane, a senior economist at Economy.com in West Chester, Pa.

52.   Speakers include John Kyriakopoulos, senior economist at JP Morgan Australia and Glenn Maguire, senior economist at Societe Generale Australia.

53.   Speakers include John Kyriakopoulos, senior economist at JP Morgan Australia, and Glenn Maguire, senior economist at Societe Generale Australia.

54.   Stephen King, senior economist at James Capel Inc. in London, said the rate cut had already been factored into currency rates, Dow Jones reported.

55.   Some, however, such as Frank McCormick, senior economist at the Bank of America, were less sanguine.

56.   Still, Paul Braddick, senior economist of the ANZ Bank, sees some reasons for caution.

57.   Such large deficits lead inevitably to disaster, said a senior economist at an international economic organization.

58.   Thailand and Indonesia will slide into a recession next year, predicts Neil Saker, a senior economist at SocGen-Crosby Securities Singapore Pte.

59.   Tamara Plaut, senior economist for the state comptroller, said Fort Worth, for example, is still recovering from thousands of defense-related layoffs this decade.

60.   The better-than-expected annual deficit was encouraging, said Nigel Douglas, senior economist at Merrill Lynch in Sydney.