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'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.

January 02, 1994|SCOT J. PALTROW | This report was compiled by Times staff writer Donna K.H. Walters

SECURITIES: Coming off a record year, Wall Street confronts a widely predicted fall in stock prices. Brokerages and mutual fund companies face increasing competition from banks. Look for the Securities and Exchange Commission to act early against dishonest brokers.

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