logo

Economic Growth Expected to Quicken Throughout Year

WASHINGTON, D.C. — U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to the National Assoc. of Business Economists. However, the survey of 47 economists, conducted last month, indicated that growth for the full year will probably be lower than they previously estimated — just 2.5%, down from a forecast of 2.8% in March. Job growth should remain steady, the survey revealed, and consumer spending will also pick up. It also found that economists increasingly agree that the Federal Reserve will end its bond purchases by year’s end.

WGGB encourages readers to share their thoughts and engage in healthy dialogue about the issues. Comments containing personal attacks, profanity, offensive language or advertising will be removed. Please use the report comment function for any posts you feel should be reviewed. Thank you.

Comments

WGGB encourages readers to share their thoughts and engage in healthy dialogue about the issues. Comments containing personal attacks, profanity, offensive language or advertising will be removed. Please use the report comment function for any posts you feel should be reviewed. Thank you.
blog comments powered by Disqus