An AP report in Washington says that the economy will gorw faster than envisioned threee months ago.
According to the latest quarterly AP Economy Survey, there is growing optimism among leading economists.
Still, unemployment will stay chronically high — nearly 9 percent by year's end.
Also a majority of economists say it will be 2016 or later before unemployment drops to a historically normal rate of around 5 percent.Economists have become more confident 19 months after the worst recession since the Great Depression ended. Lower Social Security taxes and higher stock prices will embolden Americans to spend more and help power the economy, they say.
Well, as far as I'm conerned, that's good news.