Economists Growing More Optimistic About Growth
New York, NY, Jan. 14, 2011 -- Economists are growing increasingly optimistic about the economy, according to a survey by The Wall Street Journal.
The economists say the economy will grow at better than a 3.2% annual rate in each quarter this year, despite continuing problems in the housing market. They have revised their fourth quarter growth estimate up to 3.3% from 2.6%.
They also say home prices are likely to decline this year.