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WSJ: US economy poised to expand at fastest rate since 2003

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WSJ: US economy poised to expand at fastest rate since 2003

por AC Investor Blog » 14/2/2011 7:57

"We're in a lot different place from last year," said Goldman Sachs's Jan Hatzius, who last year was one of the most bearish economists on Wall Street, but now is among the most optimistic on growth.

The 51 economists polled—not all of whom answer every question in the survey—expect gross domestic product will be 3.5% higher in the fourth quarter of 2011 than a year earlier, up from the 3.3% increase they projected in last month's survey. That would be the largest increase since 2003. They look for GDP to expand at a 3.6% annual rate in the current quarter, accelerating from the 3.2% rate recorded in the final months of 2010. "

http://online.wsj.com/article/SB1000142 ... malertNEWS
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