How do the nation’s top economics bloggers feel about the state of the economy? This year’s fourth Kauffman Economic Outlook: A Quarterly Survey of Leading Economics Bloggers was recently released, and the outlook is, to put it mildly, not good.
In fact, the bloggers were more pessimistic about the economic outlook than they’ve been all year. The most common words used to describe the economy in the survey were “weak” and “uncertain.” Asked to characterize current economic conditions, 99 percent said that conditions are mixed, facing recession or in recession. (To break this down further, 64 percent said conditions are mixed, 27 percent say the economy is “facing recession,” and 7 percent say it is “weak and recessing.”) Just one respondent said the economy was ““strong with uncertain growth”—the lowest positives in any survey this year.
To read the full, original article click on this link: Kauffman Survey: Economic Weakness and Uncertainty
Author: Anita Campbell
