Tuesday, February 28, 2012

Economists see more reasons for optimism this year

According to a survey, many economists are gaining confidence that some facets in the U.S. economy will begin to improve within the next year, however they are not fully capable of excluding caution in their expectations for overall economic growth. With that said, the forecasts for employment, home construction and business spending are looking up. With the average GDP growth rate forecasted to grow around 2.4%, a slight improvement from 2011, things may be looking up. 

Unemployment seems to be fairly consistent, however it did go down by .6% since Novermber, and Panelists are continually forecasting very strong business spending this year. 

http://www.msnbc.msn.com/id/46540520/ns/business-stocks_and_economy/#.T00qfRzx24Q

1 comment:

Anonymous said...

This is great news to hear especially for us who are nearing graduation. It seems that more and more we are finding these articles that think we are seeing improvement. All I know is that I hope the unemployment continues to better because us seniors are only a couple months away from hitting that workforce and we need all the help we can get.