Economists are increasingly confident that some pillars of the economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth.

Tagged with: economy GDP jobs NABE National Association for Business Economics new-home construction

By Anne D’Innocenzio AP Business Writer New York — Economists are satisfied with the Federal Reserve’s interest rate policy, but they’re divided over how the central bank should proceed over the next 12 months, a new survey finds. The latest ...

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By MARLEY SEAMAN AP Business Writer NEW YORK (AP) — Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs, but the pace of growth has slowed, a ...

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By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The economic rebound last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to stay high this year. The economy grew at a 3 ...

Tagged with: Commerce Department consumer spending Council of Economic Advisers economy GDP jobs Labor Department National Association for Business Economics unemployment

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Personal spending jumped by a larger amount than expected in January but Americans’ incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. ...

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By Mae Anderson AP Retail Writer New York — Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from the recession slowly continues, according to a new survey. Since the ...

Tagged with: NABE National Association for Business Economics survey

By EMILY FREDRIX AP Business Writer Economists expect the joblessness that has weighed down the nation’s economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to ...

Tagged with: Commerce Department consumer spending GDP hiring jobs NABE National Association for Business Economics unemployment

BY Jeannine Aversa AP Economics Writer Washington — Fueled by government stimulus, the economy grew last quarter for the first time in more than a year. The question now is, can the recovery last? Federal support for spending on cars ...

Tagged with: cash for clunkers Commerce Department consumer spending economy National Association for Business Economics

Betsy Vereckey AP Business Writer Chicago — Results from a new economic survey may ease concerns about rising unemployment and its effect on consumer spending, as forecasters say more employers appear willing to hire in the coming months. The latest ...

Tagged with: National Association for Business Economics