Economists are expecting an acceleration in growth in the U.S. economy driven by improvement in business investment and job growth as the year progresses.
What’s the point? While we realize economists do not always have the best “crystal ball”, the current economist survey does support the work we do and outlook as we see it, that there is pent-up growth potential in the economy which will be driven by more people working and a gradual improvement in Europe. One potential "fly in the ointment" for global outlook: China. We are watching the slowdown in China, which does add an element of risk to global growth outlook. We think emerging market economies are more exposed to this risk, not so much the U.S.
Link: http://money.msn.com/business-news/article.aspx?feed=AP&date=20140430&id=17570462
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