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Economists more optimistic about jobs, housing

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Monday, May 21, 2012

U.S. economists are growing more optimistic about recovery in the job and housing markets.

The National Association for Business Economists says in a report issued Monday that its forecasters expect modest growth for the remainder of the year, with the pace picking up in 2013.

Still, the 54 economists NABE surveyed expect consumer spending, business investment and gross domestic product to remain below historic norms.

Read more at NPR.

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