Quantcast

Tag Archives: National Association for Business Economics

Survey: Brighter U.S. economic outlook boosts hiring

WASHINGTON — Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for ...

Read More »

Economists predict increase in consumer spending

WASHINGTON — Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and ...

Read More »

Trade gap hit $48.7 billion in November

WASHINGTON — The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced only modest growth in exports. The Commerce Department report Friday suggests trade will drag on economic ...

Read More »

Economists say U.S. needs more taxes, spending cuts

NEW YORK — The best way to reduce the federal deficit is through a combination of higher taxes and spending cuts, according to a group of economists. The 236 members of the National Association for Business Economics recently surveyed say ...

Read More »

Bernanke says U.S. job market weak despite gains

WASHINGTON — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost economic growth. Bernanke’s comments Monday to a group of economists in Arlington, ...

Read More »

Economists see more reasons for optimism this year

NEW YORK — Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic growth. The National Association for Business Economics said ...

Read More »

Fewer people applied for unemployment benefits

WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week, an encouraging sign that layoffs are easing. Weekly applications dropped 37,000 to a seasonally adjusted 391,000, the Labor Department said Thursday. That’s the lowest level since April ...

Read More »

Economists cut growth forecasts for 2011 and 2012

WASHINGTON — Confronted with an economy that has decidedly underperformed this year, economists are scaling back their growth forecasts for 2011 and next year. In their latest forecast, top economists with the National Association for Business Economics predict that the ...

Read More »