01.03.2011 - Economists expected growth to pick up though rising commodity prices pose risk
From WSJ: U.S. economic growth should pick up this year as consumer and businesses spend more and government stimulus continues, a panel of forecasters said in a survey conducted when oil prices started to move higher. The 47 economists surveyed in the National Association for Business Economics report between Jan. 25 and Feb. 9 predicted U.S. gross domestic product would expand by an annual 3.6% in the final quarter of 2011. That is up from a 3.0% growth rate NABE predicted in November and compares with a 2.8% GDP rise at the end of 2010..............................................Full Article: Source
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