Most Active Stories
- New Analysis And Science Answer Governor Cuomo’s Fracking Concerns
- Anchor Stores Announced For Newburgh Shopping Complex
- North Adams Goes Unsilent: Electronic Audio Experience Fills Streets
- BMC Nurses Picket Claiming Unsafe Staffing Levels
- Conservation Group Praises USCG, EPA Oil-Spill Response Plan Effort
Tue March 6, 2012
U.S. Economy Shows Positive Signs For Growth
Originally published on Tue March 6, 2012 12:13 pm
RENEE MONTAGNE, HOST:
NPR's business news starts with more positive signs for the economy.
The U.S. economy is improving faster than previously predicted. This, according to two dozen economists surveyed by the Associated Press. The economists foresee stronger growth and more hiring than they did two months ago, and predict an unemployment rate at around eight percent by Election Day.
Good news for president Obama's re-election bid, but the economists give most the credit to consumers, who are spending more and saving less. Transcript provided by NPR, Copyright NPR.