The Kauffman Economic Outlook: A Quarterly Survey of Leading Economics Bloggers for the third quarter of 2010 has recently been released. Compared to the responses in the second-quarter 2010 Outlook–which was not all that rosy--the viewpoint this time around has become far more pessimistic.
Sixty-eight percent of economics bloggers who responded to the Q3 survey (conducted in mid-July) described the U.S. economy’s overall condition as “mixed.” None described it as “strong and growing.” The rest were split three to one toward an assessment of “weak.”
When asked for open-ended responses to describe the state of the economy, the most common word bloggers used was “uncertainty,” followed by “weak.” And in response to one survey question, the respondents rated the probability of a double-dip recession at 44 percent.
To read the full, original article click on this link: Q3 Kauffman Economic Outlook: Uncertain
Author: Anita Campbell
