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Fed executive tepid on quick economic recovery: state budget workers'' comp costs leave negative impact.

Publication: San Diego Business Journal
Publication Date: 25-AUG-03
Format: Online - approximately 457 words
Delivery: Immediate Online Access
Full Article Title: Fed executive tepid on quick economic recovery: state budget workers'' comp costs leave negative impact.(Finance)(Robert Parry)

Article Excerpt
While San Diego's economy is faring reasonably well compared to the rest of the state and nation, factors such as the state's budget crisis and escalating workers' compensation costs threaten to derail a stronger recovery, said Robert Parry, president and CEO of the Federal Reserve Bank of San Francisco.

Parry, one of 12 voting members of the Federal Reserve Bank's Open Market Committee, the board that sets...

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