Businesses continue to be mostly optimistic about the
economy going forward. According to the latest survey of the National
Association of Business Economists, most economists expect U.S. GDP to grow at
a rate of 2 to 3 percent over the next year. GDP grew at 2.5 percent in the
second quarter of this year.
Even more optimistic was the report on sales growth. Some 42
percent of the economists said sales were up at their companies through
September. That was in increase from the 35 percent who reported the same the
last time this survey was taken in July.
One trouble spot remains: unemployment. Only 27 percent
reported that employment was rising at their companies, which was actually down
from 29 percent who had said that in July.
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