Economists revised downwards U.S. GDP from 2.7% to 2.4%
| Date: August 10, 2010 | Source: AlertNet |
| Category: Economy | |
The U.S. economic recovery will fade Podiums as government support is exhausted, and the Federal Reserve might have to take measures to boost growth, economists estimated in a survey released on Tuesday. The monthly Blue Chip survey of economists showed that in the last month about 70 percent revised downward its projections for economic growth. The average among economists is for an expansion in the U.S. gross domestic product of 2.4 percent during the third quarter, below the previous estimate of 2.7 percent.































