Uncertainty is nothing new for economists to grapple with, but this month's terrorist attack on the U.S. that left a large portion of lower Manhattan in smoking rubble also is casting a cloud over economic forecasts for the remainder of this year as well as 2002. There has been much speculation that the magnitude of the attack may be enough to shake consumer confidence and tip the overall economy into recession. However, economists interviewed by ENR for its Third Quarterly Cost Report believe the U.S. economy is too large to be knocked off balance by this terrorist attack, despite its massive human and financial costs.
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