1.   The fluctuations in the federal unemployment rates for the states keep local economists cautious about relying on them.

2.   Local economists have looked into their crystal balls and seen something rather nasty.

3.   But local economists predict there certainly will be indirect effects on the economy if the reductions come from higher-paid white-collar positions.

4.   But the population continues to grow faster than the economy, local economists said.

5.   Every Inco job creates four to five spinoff jobs in the community, local economists said.

6.   In other words, local economists believed Los Angeles County experienced sluggish growth two years ago while the federal report now characterizes the growth as moderate.

7.   Local economists and public officials say the Alliance study is the most comprehensive look at an industry where employment is difficult to track.

8.   Local economists said Boeing was making intelligent choices that could help it maintain a healthy set of businesses.

9.   Local economists scoffed at the report, since the first affected by a weak rand are the rich, but it presumably encouraged speculators.

10.   Local economists predict a slowing in the economy but certainly not a recession.