‘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.

PUBLISHING: Amid an uneasy mix of fear and optimism, many major publishers see modest revenue growth as the long-term advertising slump relaxes its grip on magazine and newspaper companies. But, the threat from electronic services grows, and publishers will step up efforts to develop new types of products.