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Sunday, November 25, 2001 3:26:21 PM
Excerpts
Americans spend a lot on protection. David Hale, chief economist at Zurich Financial Services, estimates public and private sector spending on security at $250 billion a year. In the aftermath of September 11, those numbers are likely to rise. Mr. Hale, for one, figures that the spending could increase 10 to 20% over the next two years. Prices of some security products and surveillance company stocks have soared since the attacks.
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