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REUTERS BUSINESS BRIEFING ADDS DETAILED ECONOMIC FORCASTS.

Reuters (NASDAQ: RTRSY), New York, has added premium global and US domestic economic forecasts to Reuters Business Briefing.

This collection of detailed analyses and forecasts is provided by WEFA.

The new content for Reuters Business Briefing is derived from WEFA's International, US Macroeconomic, US Regional, Industry, and World Energy Services. As part of the basic subscription plan, Reuters Business Briefing users will have access to WEFA's summary Country Profiles and detailed Country Monitors on more than 100 countries; State and Metro Profiles and Monitors on all 50 US states and 297 Metropolitan Statistical Areas; as well as in-depth World Power Studies detailing the energy sector for more than 35 countries. Various supplemental reports and WEFA's QuickStats series of global, regional and industry indicators will also be made available on Reuters Business Briefing.

WEFA is the only econometric forecasting firm with an internally consistent and integrated set of industry, regional, and country forecasting models. This reflects WEFA's origins from the trade-linked global model, developed by WEFA founder and Nobel Laureate Economist Lawrence R. Klein. The model ensures that all forecasts are consistent across regions and industries, a feature completely unique to WEFA.

"WEFA's research and forecasts are a perfect compliment to Reuters' coverage of breaking world news, providing an unbeatable combination of world-class economic research, analysis, and news," said Andrew Nibley, president, Reuters NewMedia Inc., "These are all critical elements in making informed business and strategic decisions in today's complex global environment."

"Reuters Business Briefing provides the ideal platform on which to display WEFA's comprehensive collection of analyses and forecast products," said William A. Mundell, president and Chief Executive officer of WEFA. "Reuters, the market leader in global distribution systems, and WEFA, the premium source of global forecasts, combined together create a dynamic and powerful information analysis tool."

Founded as the Wharton Econometric Forecasting Associates in 1963, WEFA pioneered the field of econometric forecasting and has a long-standing tradition of academic integrity and a reputation for excellence. A staff of more than 250 economists with a wide range of language and cultural skills follows the pulse of the world's economies from offices in Philadelphia, Boston, Washington, Ottawa, Toronto, Mexico City, London, Paris, Brussels, Frankfurt, Milan and Pretoria. WEFA maintains the largest and finest privately-held collection of economic databases in the world, and has an extensive product line of specialty economic research. WEFA is the leading source of economic data and forecasts for a variety of organizations influencing the global financial environment, including the major financial firms on Wall Street, many Fortune 500 corporations, and both local and national governments. WEFA is a wholly owned subsidiary of the Primark corporation (NYSE/PSE: PMK). Primark Corporation (www.primark.com), headquartered in Waltham, Massachusetts. For more information on WEFA, please visit http://interactive.wefa.com.

Reuters Business Briefing, a global information tool, is a source of business information and delivers breaking news, historical analysis as well as news photos, foreign exchange rates and stock quotes. Reuters Business Briefing supplies business professionals with the mission-critical news and information necessary in today's global business environment. Over 20,000 stories a day in 18 languages from 4,000 sources, including the world's leading newspapers, newswires, trade journals and magazines are available through Reuters Business Briefing.

Reuters (NASDAQ: RTRSY), the leading international news and information company, produces and markets a range of online business information products for the corporate user; and delivers news and information solutions to a variety of online services and Internet publishers. For more information on Reuters business information products, please visit www.bizinfo.reuters.com or visit Reuters home page at www.reuters.com.

For more information, call 212/603-3581.
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Comment:REUTERS BUSINESS BRIEFING ADDS DETAILED ECONOMIC FORCASTS.
Publication:Online Product News
Geographic Code:4EUUK
Date:Jan 1, 1999
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