The U.S. job market and economy will improve only slightly next year, according to an Associated Press survey of leading economists whose outlook for 2011 has dimmed over the past three months. The latest quarterly AP Economy Survey shows economists are pushing back their estimates of when key barometers of economic health hiring, spending, expansion will signal strength. In their view, shoppers and employers will stay cautious. Households will keep saving. Inflation will remain tame. And unemployment will dip only a bit from the current 9.6 percent rate to a still-high 9 percent at the end of 2011. I am a strong believer in the phrase, "it is always darkest before the dawn." I do not mean literally, but the metaphor symbolizing that things will get worse before they are better. Our economy is slowing improving, slowly drawing towards the dawn. God Bless America!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment