Monday, January 31, 2005

Good news for economics

A recent paper said that "Some of the nation's top economic forecasters are encouraged by the way 2004 went out. In a new survey, members of the National Association for Business Economics say the economy picked up the pace in the fourth quarter of last year, and that bodes well for at least the first half of 2005.
The experts say the tail-end of 2004 saw faster growth in wages, employment, profits and capital spending. Meanwhile, inflation slowed a bit.
Most of the economists in the survey look for the economy to grow at a solid three-to-four percent rate this winter and spring.
Investors and analysts will get a lot of new economic signals in the week ahead."
all information above are good: wage, employment, profits all are rising, also inflation slowed! i think that all are the good signals for the economic, and hope it will last as long as posible.

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