TOURISM : Business ‘Will Be 5% Better Than Horrible,’ Economist Predicts
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During Chapman University’s recent economic forecast update, economist James Doti--who doubles as the private school’s president, predicted that tourism will increase by about 5% during 1993.
When reminded just how lousy business has been for many in the tourism industry, Doti quickly responded that “it will be 5% better than horrible.” Doti also told local business leaders that, on a comparative basis, residents should feel pretty good because the county has not done as badly as Los Angeles County in recent years.
On the other hand, he also said that Orange County’s economy is probably a bit worse off than the Inland Empire’s.
compiled by Chris Woodward, Times staff writer
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