Macroeconomic Advisors
Economists raise growth forecast for fourth quarterPosted by RJ and Makay on Nov 18, 2011 |
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Economic analysts have increased their forecasts for the fourth quarter, and say the U.S. economy may end 2011 growing at its fastest rate in 18 months. J.P. Morgan economists now see a gross domestic product (GDP) increase of 3% for Q4, up from a previous forecast of 2.5%. The prediction comes just a few months after an economic slowdown raised concerns among investors.
