Business economists anticpate the end of the recession will come by the second half of the year, according to the latest National Association of Business Economists (NABE) outlook survey. While the outlook for the rest of the quarter is bleak--economists in the survey predict another 1.8 percent drop in GDP--we might see small growth through the rest of the year. The survey predicts 1.2 percent growth in the second half. Sean Snaith, director for the Institute for Economic Competitiveness at the University of Central Florida, discusses the NABE survey and economic recovery with NABE VP Lynn Reaser, and Shaun DuBravec, an economist with the Consumer Electronics Association. Click here to watch the video:
Posted
05-27-2009 11:13 AM
by
Graham Griffith