Community Corner
POLL: How Much Will the Economy Improve Next Year?
Economists surveyed in a recent Associated Press story believe the economy will see a small increase in 2012.
Today's news that Sears, Roebuck and Co. plans to close as many as 120 stores aside, the U.S. economy is still expected to grow in 2012, according to this Associated Press story.
The AP story surveys 36 private, corporate and academic economists who expect the economy to grow by 2.4 percent next year.
But they only expect the country’s unemployment rate, which is currently at 8.6 percent, to decrease to a 8.4 percent, which is still recession level, by November’s general election.
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The economists also believe there is a small chance that Europe's financial struggles might hamper economic growth in the United States.
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