Tuesday, October 13, 2009

NABE Economic Forecast Survey

Here is another economic forecast survey, this time from NABE:

http://www.cnbc.com/id/33278490/

From the article: "The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines."

The survey's results for 2010 GDP and Unemployment appear similar to those from The Wall Street Journal's survey I posted yesterday.

This article also mentions housing: "About two-thirds of respondents believed house prices would reach a bottom this year and the survey found that high house prices would not pose a threat to the sector's recovery."



SPX at 1076.19 as this post is written

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