Most Active Stories
- Bird Calls with Cliff Shackelford
- Many, La., engineer partners with University of Texas El Paso on desalination technology
- Modest ridership projections in passenger rail study connecting Shreveport and Vicksburg
- LA Opera: Verdi's La Traviata
- Red River Radio Spotlight: Shreveport Little Theater Presents Chicago
U.S. Economy Shows Positive Signs For Growth
Originally published on Tue March 6, 2012 11:13 am
RENEE MONTAGNE, HOST:
NPR's business news starts with more positive signs for the economy.
The U.S. economy is improving faster than previously predicted. This, according to two dozen economists surveyed by the Associated Press. The economists foresee stronger growth and more hiring than they did two months ago, and predict an unemployment rate at around eight percent by Election Day.
Good news for president Obama's re-election bid, but the economists give most the credit to consumers, who are spending more and saving less. Transcript provided by NPR, Copyright NPR.