Economists project large economic growth WASHINGTON (AP)— The U.S. economy, bolstered by falling oil prices, should enjoy significant ly better growth this year than in 1985, many economists now believe. The new optimism represents a sharp turnaround from expectations liUie more than a month ago. At that time, many analysts felt the economy would muddle through the new year much as it did last year, with sluggish growth and a stagnant unemployment level. However, plunging world oil prices have altered that view. In the last month, oil prices on the spot market have fallen by one-third, dropping from $25 per barrel to around $17 per barrel. Such a precipitous decline could spell trouble for countries such as Mexico, which depend on oil revenues to finance their heavy debt, but it is likely to be good news for most Americans. The beneficial impact of falling oil prices will be felt in two ways, economists believe. U.S. output will rise because consumers and businesses will have more to spend on other items. since their oil bills will be less, and inflation in this country will be lower. Wharton Econometrics, a private forecasting firm, which in December was forecasting that the economy would grow 3 percent this year, is now predicting growth of 3.7 percent, when measured from the fourth quarter of 1985 to the fourth quarter of 1988. That is sharply higher than the weak 2.5 percent growth turned in during 1985 and is not far from the Reagan administration’s optimistic prediction that the economy will grow at a robust 4 percent rate this year. Economists at the brokerage firm of Merrill Lynch, Pierce. Fenner & Smith are forecasting the economy will expand at a 3.5 percent rate this year, up from a prediction of 3.1 percent growth made just a month ago. And the latest monthly survey of four dozen leading economists made by filue Chip Economic In dicators. a Sedona, Ariz.. newsletter. found that two thirds of them were revising their forecasts upward. Those changes are not guing unnoticed by the ad ministration, which caught a lot of criticism last year tor projecting 4 percent growth in itfHti when many private analysts were calling for growth below 3 percent. Robert Ortner, chief forecaster at the Commerce Department, said the drop in oil prices was just one of a number of factors bolstering the outlook for growth. ’‘Inflation has come down, the dollar has come down and interest rates am down." he said. "These taken with the sharp drop ir oil prices has almost en sured that we will make 4 percent growth this year." But not all analysts am that positive. '* . . •They see the trade..defjclt. which.reached a record •$14tj billion last year, remaining at a high*.revel through *. most of 1‘tHti as recent declines in Ihe dollar help only: gradually to ‘boost IJ.S. sales. ‘In-addition. * these analysts contend that consumer .spending is likely to . lag this year as Americans, already saddled by heavy' . debt, tut hack on their purchase's.. ‘; *'.• ; • 1 U 1 up io 512K internai external — 8 meg. • Mouse or Keyboard controlled— letting you choose to use symbols instead of complicated commands or strange codes • 3 custom VLSI chips — giving the. 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Hiit t dialing a. seven-digit nu'mbet wastes. v valuable . tim«T Heed ■ “The operators are. not in . .Kugene," she says*!"VVfum you . dial p.. yciu-rt»ach someone* in \ Portland who has Mo fc^ik*’upa seven-digit number to "the"|ocal - ■ 911 tenter and t ra'nsf er;tho'(:a11 ;• • or,.relay- the.information. — h considerable lo.ss.W time Of particular importance -to the success of a .Ql l-call {% the ; information provided by the caller, Reed-says.. V '■ ;!; "We need to -know what we're dealing with ’The" oalttfr!. .acts as • our • eyes:: ' .-Since we. 'cap't See what's-happening or. who.'»involved. we have to" rely on the-caller-to stay on the lrne long -enough to provide us with o r i t i-c'a I I'y^ Smp4o.r/a n i~ Information " ° • ’ Rentf saysv tis. basic. Informs- .0 . t j on' i so bt a.in' ■ d.' djr. t v pod f n t p a computeriind fns^ntly-senit to- o . the l puttee.;. or.° fimuonergeney°. '.medical. 'dfapAteher.. Response - ' .*« ■ unit8. and 1 peijio nrioI aw’Ijn* = ' . "■rhedfal«;iy dispatched;* she says. .'■ < • .In ione .incidents .an 'oldcrly worrigriwHo Had fallen dialed (l, and -therb was ’umhble -to*Irflk' tri° V; the .operator, * rdlative'of .sfheV ::«/ wonfari.was unable tq,reach her by .phone and so '.dialed 911 Med« unity" were at .‘th°e scene •* withrh three mi'nutds. .. ,- . . ' - i"" This.'-Reeid says, illustrates ■, ' theefficepey of.theQll systdip- ’ ■'The iudeesa. of..the system really'does'rely .on', it - utters," Reed says ? ..*.'1 cand .stress enough jthfct. the. system works. but orily.-wheiMhe public uses it correctly..'■' . The. til t ..system in (Central '/Lane Count y; has been, designed with two'features t hat can be us ed :tp get."help tp. someone who hasdiflled.itl IS rid cannot speak tddh/ ,.J". 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