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« Economists Predict Recession to Last 14 Months | Main | Fed Cuts Fed Funds Rate by 0.50% »
Thursday
Nov132008

Survey of Economists See Growth in 2nd Quarter 2009

Here is the lastest results from a survey of economists provided by the Wall Street Journal.

The U.S. economy is in the midst of the worst part of the recession, but growth may return by the second half of next year, according to economists in the latest Wall Street Journal forecasting survey. Nearly two-thirds of respondents say the Treasury Department's Troubled Asset Relief Program, which has taken stakes in major financial institutions, is helping markets. On average, respondents expect the unemployment rate to rise to 7.7% by December 2009, up from 6.5% last month.

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