Economists Predict an Uptick in Spending: ; Despite Economic Woes, Survey Shows Many Have Optimistic Outlook

Summary


CHICAGO - Economists forecast the pace of U.S. growth to pick up in the year ahead as consumers and businesses alike accelerate spending, according to a new survey.

The assessment by leading forecasters is set to be released today by The National Association for Business Economics. It finds them more bullish than when the survey was last surveyed in February, with a majority expecting the economy's performance to exceed the long-term norm in 2010 and 2011.

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Economists Predict an Uptick in Spending: ; Despite Economic Woes, Survey Shows Many Have Optimistic Outlook

The outlook amounts to an encouraging report card on the economy at nearly the one-year mark of the reco...

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