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‘93/’94 Year-End Review and Outlook : Industry Outlook : Continuing low-grade growth in the national economy, coupled with hopes for stability--if not expansion--in California, is the backdrop for the year in business. Here is an assessment of key industries’ prospects.

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This report was compiled by Times staff writer Donna K.H. Walters

SMALL BUSINESS: The longed-for California recovery will buoy the small-business sector first. Small companies, on the economic front-lines and more sensitive to small shifts in customer confidence and spending, will continue to keep the job market alive.

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