Europe will fare little better, with the 15 member European Union predicted to show economic growth of 1.5% in 2002, down from 2.7%.
But behind the overall EU forecast, OECD researchers predicted wide variations in performance between individual European economies.
The UK should manage 1.6% growth in 2002, the OECD said, against a previous forecast of 2.6%.
Germany however, will manage a 1% gain. In the spring, the OECD foresaw the country could achieve 2.4% expansion.
Italy is seen expanding by 1.2% against the earlier 2.5% estimate, while France is set for 1.6% instead of the 2.7% seen earlier.
Despite this the OECD predicate that the situation should improve by 2003. U.S. growth should accelerate to 3.7% growth, close to the 4.1% seen last year, with Europe expanding by 2.9% and Japan recording growth of 0.9%.
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