"The nation's gross domestic product will grow at a modest 2.5% in the final quarter of this year and by 2.4% in 2012, according to economists responding to the latest National Association of Business Economics survey, which managed to find some bright spots concerning next year's economic outlook.
"Business spending remains a strong positive and housing starts are expected to continue to rise from the bottom seen in 2010," the report said. Corporate profits and stocks are predicted to strengthen."
Read more...Economists expect moderate growth in 2012: NABE « HousingWire
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