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.

The economists also believe there is a small chance that Europe's financial struggles might hamper economic growth in the United States.

Blue December 27, 2011 at 09:20 PM
I think we need a democrat or a republican to win. Get the scocialist out of the white house!!
Fred Gillen Jr. December 28, 2011 at 03:46 PM
It is amazing how they are able to name the "official" unemployment rate so low, AND they never mention how many people are "double-employed" at 2 minimum-wage jobs, how many Americans are homeless, and how many working poor people are living in motels, all over the country. And people really think that an administration change will help, as if the Demicans and Republicrats aren't working for corporations who've moved our jobs out of the country and banks who've sold us out. The only thing "free" about the free market system is that companies like General Electric and Exxon pay no federal tax because they've moved their headquarters and all of their operations overseas. While congress debates a 2-month extension of our measley "tax break," and gets accused of being socialist for it. We don't charge corporations tax, we can't re-establish trade tariffs with China because they own so much of our debt. When they have a rice shortage we will have to sell them American grains and then the price of food will go through the roof, and American corporations will continue to make record profits while formerly working Americans struggle. And people will still blame the president. What an uninformed country we are... That's what happens when Disney and General Electric own the news media....
Dan Seidel December 28, 2011 at 05:45 PM
leading indicators: we ain't seen nothin' yet!! all the pundits (Bloomberg Radio) say second quarter next year starts the slide down - testing now lows coming up!! EU debt crisis is not going away - China is in a bubble - we are so screwed!!! We can start RECOVERY by doing this: NOBAMA IN 2012!!!!
Francis T McVetty December 30, 2011 at 07:49 PM
From your mouth to God's ear.
Francis T McVetty December 30, 2011 at 07:50 PM
We need a republican. period. Where have the democrat's been for the past three years? Missing in action.


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