Monday, February 23, 2009

Forecasters Economic Prediction Poll

Among the deluge of bad economic news, its nice to highlight one report that predicts positive changes occurring in the second half of 09.

At this point, its worth taking everything we read with a grain of salt. Tragedy sells, but it could be that with so much tragedy, positive future forecasting sells better.

Reuters: U.S. economy seen starting recovery in second half of '09: poll
"The good news is that economic activity is expected to turn up in the second half of the year and 2010 is expected to see modestly above-trend growth of 3.1 percent," Varvares said.

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