The economy will emerge from the recession in the second half of the year, but growth will be a tepid 2% in 2010, a survey of 23 leading economists by
With growth so slow, it wont be able to put an end to unemployment, said the economists, who predict it will rise from 9.4% in May to 9.9% next year.
Thus, most consumers wont recognize the end of the recession until the middle or latter part of 2010. The economists dont expect the