‘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.
This report was compiled by Times staff writer Donna K.H. Walters
TELECOMMUNICATIONS: A turning point looms. Deregulation allows companies to push into new markets. Telephone companies, cable providers and cellular companies will elbow into each others’ territories. Federal action could unleash a hot new market for personal communications systems.
