Most Active Stories
- In projects big and small, Watertown’s downtown reviving – but some say city government lacks vision
- Audio postcard: Sackets Harbor choral group rehearses
- Winter storm to bring heavy snow to the region Wednesday and Thursday
- School closings and delays for Wednesday
- Senator Kirsten Gillibrand proposes new military sexual assault bill
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.