Déjà vuJanuary 03, 2011 Posted by: Minh Trang
For the new year ahead of us, many facets of the economy look to be replicas of 2010. Though there have been improvements in certain parts, much remains the same. First is GDP growth. For 2010, GDP more than likely grew at a modest annual pace of about 2.8 percent, once final fourth-quarter numbers are incorporated. The expectation for 2011 is roughly the same, given the continuing accommodative monetary policy and the recent passage of the tax-cut extension and unemployment benefits. There may be some uneven growth quarter to quarter, but the anticipation is for a steady and modest improvement.
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