NPR Poll: Economists Say Recession Likely To End In ’09

From Morning Edition this morning:

A survey of 45 top economists concludes that the recession will probably end by the second half of this year. But the poll from the National Association of Business Economics also suggests the economy will stay soft and the labor market won’t improve until next year.

Read (or hear) it here.

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2 Responses to NPR Poll: Economists Say Recession Likely To End In ’09

  1. Sounds good to me. Though in many respects it does not feel like a recession anymore. I go to mid priced restaurants and have to wait to be seated, go to the mall and it is full, go out for the evening to community bars and they are full … it feels like it is over, but I know it is not. On a side note, the home buyers are sure out there like crazy right now.

  2. Cindy says:

    I hope this optimism lasts because I was listening to interesting commentary on NPR where the speaker was discussing how things go back into a lull. Basically, she was saying that after a recession the initial consumer confidence may only be short term as people realize eventually that they still don’t have a job and they really don’t have that much money.

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