Over at the Financial Times, Martin Wolf has posted a chart showing how economists' consensus forecasts for 2010 have changed in the first six months of 2009.The consensus is the the US will have fairly anemic growth in 2010, though the outlook has improved somewhat in the last few months. Over that same time period, the consensus has begun looking markedly better for Japan and the UK, but the forecasts are still predicting annual growth around 1 to 1.5 percent for those economies.
The initial forecasts for the Eurozone were for growth rates in the 0.5 percent range, and they've actually gotten more pessimistic in the last few months.
Where are those green shoots, anyway?
Posts
0 comments:
Post a Comment