Parry: Q4 fall off in econ likely sharper than Q3

US - The downturn in high-tech business has been particularly rough for the San Francisco Bay area, where unemployment and commercial vacancies have been rapidly on the rise, said San Francisco Federal Reserve President Robert Parry Monday 19 November.

Parry's prepared remarks Monday were very similar to a speech he made on 15 November, when he pointed out that the short-term economic outlook looks "pretty rocky," but that longer-term prospects are positive.

He was speaking Monday at a Universi

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