Worth Sharing

WS

Stories That Matter

# Business

A New Survey of Economists Offers a Bit Of Optimism for US Economy

avatar By Jeanne Goddard

11 Jun 2011 28 views
Size Print
Email
A New Survey of Economists Offers a Bit Of Optimism for US Economy
The economic news in recent weeks suggests that the recovery has hit a rough patch, but at least one forward-looking review of the macro trend says the rearview mirror may be misleading, as the economists see moderately improving conditions in the second half of this year.

The economic news in recent weeks suggests that the recovery has hit a rough patch, but at least one forward-looking review of the macro trend says the rearview mirror may be misleading.

The 35 economists in yesterday's update of the biannual Livingston Survey—the longest-running continuous set of predictions by scientists—see moderately improving conditions in the second half of this year.

(READ more about the survey by Federal Reserve Bank of Philadelphia)

Tags:
avatar

About author

More posts

# Business

U.S. Manufacturing Grows at Fastest Pace in 6 Months

Manufacturing grew in December at the fastest pace in six months, the latest sign that the US economy gained momentum at the end of last year. Manufacturing has expanded for more than two years. Factories were one of the first areas of the economy to start growing after the recession officially ended in June 2009.

# Business

Global Economy Growing at Fastest Pace in a Year

The world economy is gaining strength as global private sector activity hit a one-year high in February, building on the gains of previous months. Momentum is growing in both service and manufacturing industries, with strong improvement in the United States leading the way, according to a new report by JPMorgan.

# Business

GM Posts Highest Profit Ever; Workers to Share Wealth

General Motors earned its largest profit ever in 2011, two years after it nearly collapsed. Strong sales in the United States and China helped the automaker turn a profit of $7.6 billion, beating its old record of $6.7 billion set during the pickup and SUV boom of 1997. GM said 47,500 blue-collar workers in the United States will get $7,000 profit-sharing checks in March.

# Business

January Jobs Surge, Unemployment Drops to 8.3%

The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation's outlook for job growth. The Labor Department says employers added 243,000 jobs in January, the most in nine months

You might be interested in

Be the first to comment

Leave a Comment

Recent Stories
  • A Heartfelt Reminder to Appreciate the Ones We Love
    05 Sep 48 Views
  • Cherish the Woman Who Stands by You
    05 Sep 65 Views
  • Breaking Generational Cycles of Pain
    05 Sep 60 Views
  • Living by Your Own Values, Not Others' Approval
    05 Sep 69 Views
  • When Life Brings Rain, It’s Okay to Rest
    05 Sep 393 Views
  • Before You Judge Someone's Life, Take a Moment to Walk in Their Shoes.
    05 Sep 176 Views