Economists upping their forecasts for 2012

From USA TODAY:

…The biggest reason: Consumers have bought more vehicles and gone out to eat more often, even though gas prices had been expected to make them spend less, says Jeff Rosen, an economist at Briefing Research in Chicago.

•The economy will grow 2.5% this year vs. their 2.3% forecast three months ago.

•Employment gains averaging 185,000 new jobs a month through December, 29,000 more than economists forecast in January.

•Unemployment averaging 8% in the fourth quarter vs. 8.2% now.

•Regular gasoline at an average of $4 a gallon on July 4 and $3.80 on Election Day…

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