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ENVIRONMENTAL BUSINESS SEES SLOWER GROWTH

The growth of the environmental industry is slowing, according to the Environmental Business Journal, published in San Diego. The industry, ranging from air-pollution control equipment to management of solid and hazardous wastes, had revenues of $119 billion in 1991, but grew only 2 percent, versus 10 percent in 1990 and 15 percent in 1989. "As the economy rebounds ... growth is expected to average 7 percent per year over the next five years," the journal predicts.