Monday, April 20, 2009

Economists See Rebound in September

Economists surveyed a Wall Street Journal article expect the recession to end in September.

However, the majority also believe that the economy will not begin to grow until the second half of 2010, which is when they expect the unemployment rate to go down.

Economists are seeing more signs of a recovery in the broader economy this year. On average, the economists expect the recession to end in September, compared with the October forecast last month. This marked the first time since the start of the recession that the economists didn’t push the date of recovery further into the future.

Click here for the full article.

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