The economy is in a bad place. Everyone knows that, but many have not figured out just how long it will take to recover from the bleak economic conditions that have been pummeling the economy. The latest quarterly AP Economy Survey shows that economists don’t see much improvement happening going into 2011. They foresee weaker growth and higher unemployment than they did before. As a result, the economists think the Federal Reserve will keep interest rates near zero until at least next spring. There is a silver lining: Economists believe that the economic recovery will continue. Gee, thanks.
Read more at Yahoo News.
–Nsenga K. Burton