Corporate economists are becoming more optimistic about 2013, in a new survey predicting the U.S. economy will expand at a fairly robust pace this year despite continued uncertainty in Washington.
According to the National Association for Business Economics Industry survey, released Monday, 50% of those polled say the economy will advance at a 2.1% pace or better over the next four quarters. That is up from just 36% forecasting that level of growth last October.
“The economy continues to soldier on,” said Timothy Gill, chairman of the NABE Industry Survey Committee and economist at the National Electrical Manufacturers Association. “While the panel was nearly unanimous in its view that the economy will expand over the next four quarters, it was split as to the degree of growth expected.”
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