U.S.          JAPAN           GERMANY
      
                             GDP  INFLATION  GDP  INFLATION  GDP  INFLATION
                            GROWTH          GROWTH          GROWTH
      WILLIAM A. BROWN
      Morgan Guaranty Trust  3.3%    3.4%    2.1%    0.6%    2.3%    2.2%
      
      PETER BUOMBERGER
      Union Bank of          2.1     2.9     2.0     0.4     1.8     1.9
      Switzerland
      
      GUILLERMO ESTEBANEZ
      Bank of America        2.6     3.2     2.7     0.8     2.8     2.5
      
      MICHAEL HUGHES
      BZW Securities         2.3     3.1     1.7     0.1     2.1     2.2
      
      NORBERT WALTER
      Deutsche Bank          2.1     3.0     1.6     0.5     1.8     1.9
      Research
      
      DATA: BUSINESS WEEK SURVEY OF ECONOMISTS
      
      
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