In a new Wall Street Journal survey, many economists ratcheted up their growth forecasts because of recent reports suggesting a greater willingness to spend.
Economists surveyed by The Wall Street Journal are increasingly optimistic about the pace of the recovery, predicting the U.S. will grow at better than a 3.2% annual rate in each quarter this year.
Economists have grown more optimistic about the outlook for U.S. growth next year, predicting the expansion will accelerate as 2011 progresses, according to the latest Wall Street Journal forecasting survey.
Economists surveyed by The Wall Street Journal don't expect the Federal Reserve to expand its purchases of U.S. Treasury bonds beyond its current, controversial plans.
Economists in the latest Wall Street Journal forecasting survey are nearly unanimous in expecting that the Federal Reserve will announce additional asset purchases, but they are split on whether the benefits outweigh the risks.
Economists surveyed by the Journal continued to cut their growth forecasts for the rest of this year and into 2011.
Economists are getting more pessimistic about the strength of the recovery, but they don't think policy makers should do anything more to support it, according to the latest Wall Street Journal forecasting survey.
Economists surveyed by The Wall Street Journal are more optimistic about the direction of the economy than the general public, though they are revising down forecasts for growth and jobs.
Economists surveyed by The Wall Street Journal expect slow but gradual U.S. growth despite increasing worries about Europe and the job market.
Turmoil in Europe is leading investors and analysts to push back the moment at which they expect the Federal Reserve to raise interest rates.
Economists were evenly divided between those who fear inflation will accelerate over the next year and those who see a bigger risk that the inflation rate will slow, according to a Wall Street Journal forecasting survey.
Economists say stimulus helped but cite U.S. central bank's key role in jump-starting growth.
About a quarter of the 8.4 million jobs eliminated since the recession began won't be coming back, according to economists in the latest Wall Street Journal forecasting survey.
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Lawmakers are taking the fight over government spending home with them during this July 4 break, as House Republicans attack Democrats for failing to pass a 2011 budget outline.
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A bipartisan group of senators is considering legislation that would order Congress to meet a set of spending targets and other fiscal goals or face automatic tax increases and budget cuts.
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