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BUSINESS MARKET * USA -Recession to end in H2 but unemployment to rise
Washington,DC,USA -Reuters/Portfolio -Apr 10 2009: -- The U.S. economy is set to emerge from recession in the second half of this year as consumer spending and the housing sector recover, but unemployment will rise well into 2010, according to a survey... The Blue Chip Economic Indicators survey of private economists released on Friday showed that 86 percent of respondents believed that the economic downturn would be declared to have ended in the second half... Much of the anticipated turnaround in the economy, now in its 16th month of recession, would be driven by some improvement in consumer spending, housing, business inventories and exports. Yet, above-trend growth was not expected until the second half of 2010... (Photo: March 15, 2009. REUTERS, by Max Whittaker - A campsite at a homeless tent city in Sacramento California)
Labels: market prognosis
posted by Unknown @ 3:40 PM
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