21.   In recent years, economic growth has been generating new jobs at a respectable clip despite historically modest growth rates.

22.   Industrial production, which still is the engine of the Japanese economy, continues modest growth, the agency said, although rising inventories remain a problem.

23.   Instead of a strong recovery, the economy could either plug along at a more modest growth rate than expected or possibly plunge back into a downturn.

24.   Its currency and stock markets have slumped, but to a lesser degree than those of its neighbors, and its more modest growth has slowed.

25.   Its plants were already straining to keep up with demand, so it had good reason to hope for modest growth at best.

26.   Modest growth reduces the risk that inflation, which erodes the value of interest and principal payments, will accelerate.

27.   Modest growth has returned, but not enough to offset the devastating effects of the recession.

28.   Modest growth is what I see.

29.   Ms. Chao said United Way chapters in the Southeast reported the greatest increase in revenue, while south-central and Midwestern states experienced more modest growth.

30.   Pataki and the leaders said the plan was based on projections of modest economic growth.