AP Economy Survey Outlook Points to Moderate Growth
AP Economy Survey of 42 economists shows 2011 growth at 2.9 percent, down from January’s 3.2 percent amid a weak start. Unemployment seen easing to 8.4 percent by December with 2.1 million jobs added. inflation to 2.8 percent. Oil, food costs push core inflation to 1.7 percent. Fed rate hikes expected by about half.
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