USA TODAY: Economists are more optimistic about the recovery than they were just a few months ago, significantly upgrading their forecasts for 2011 as consumers open their wallets.
When asked to predict, nine of 10 economists said they’re more optimistic than three months ago, according to a USA TODAY survey of 46 economists conducted Jan. 13-19.
They expect the economy to grow at an annual rate of 3.2% to 3.4% each quarter this year. That’s up from quarterly median forecasts of 2.5% to 3.3% in an October survey… (more)