Economists Up Their Forecasts

April 23, 2012

Economists Up Their Forecasts

A USA Today survey of economists finds that "despite the headwinds of higher gas prices and Europe's financial crisis" they think the U.S. economy will grow faster than expected this year.

Key findings: "The economy will grow 2.5% this year vs. their 2.3% forecast three months ago. Unemployment averaging 8% in the fourth quarter vs. 8.2% now."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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April 23, 2012