Ace of Spades HQ

« Must Watch Video From MEMRI TV | Main | CBS: Bush Polls Hit All-Time Low »

February 27, 2006

After Dinner Cowbell: 2006 Economy Will Roar Back

Just in time to distract us from the Iraq Civil War:

The US economy is set for a strong rebound in the first quarter of 2006, shaking off the hurricane-related weakness of the fourth quarter, a survey of business economists showed.
The survey of the National Association of Business Economists called for the economy to expand at a robust 4.5 percent pace in the current quarter -- the fastest since 2003 -- after a disappointing 1.1 percent annualized rate in the fourth quarter.

"The NABE panel sees the economy roaring back in early 2006 following the fourth quarter's tepid 1.1 percent growth," said Stuart Hoffman, NABE president and chief economist at PNC Financial Services Group.

"Our forecasters expect the economy to shake off the effects of last years hurricanes and surging oil price."

The report based on a survey of 53 economists projected the overall pace of growth for 2006 at 3.3 percent.

posted by Ace at 07:56 PM

| Access Comments


Advertise Here! Intermarkets' Privacy Policy Support Donate to Ace of Spades HQ! Recent Entries Daily Tech News 21 November 2024 Wednesday Overnight Open Thread - November 20 2024 [TRex] Storm Warning Cafe "Expert" Allan Lichtman Melts Down In Argument With Master Debater Cenk Uygur (???), Declares That Anyone Saying He's Wrong Is Commiting "A Blasphemy Against Me" Disney-Owned ABC "News:" You Know Who's Really Responsible for Laken Riley's Murder? Donald Trump NYT "Fact"-Check of RFKJr.s Complaint That the US Version of Froot Loops Contains Chemicals Not Present in Foreign Versions: The Ingredients List Are "Roughly" the Same (Except for All the Artficial Chemicals That RFKJr. Specifically Objects To) Speaker Johnson Announces: All Women's Bathrooms and Changing Areas Are Reserved for Biological Women Only Comcast Announces It's Dumping MSNBC and Other Dying Cable Channels The Illegal Alien Who Murdered Laken Reilly, With An Assist from Joe Biden and Kamala Harris, Is Convicted on Ten Counts Update: Tren De Aragua "Migrant" Arrested for Robbing Manhattan Prosecutor After Masturbating In Her Home Wednesday Morning Rant Absent Friends Bandersnatch 2024 GnuBreed 2024 Captain Hate 2023 moon_over_vermont 2023 westminsterdogshow 2023 Ann Wilson(Empire1) 2022 Dave In Texas 2022 Jesse in D.C. 2022 OregonMuse 2022 redc1c4 2021 Tami 2021 Chavez the Hugo 2020 Ibguy 2020 Rickl 2019 Joffen 2014 AoSHQ Writers Group A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info: maildrop62 at proton dot me Cutting The Cord And Email Security Cutting The Cord [Joe Mannix (not a cop)] Cutting The Cord: It's Easier Than You Think [Blaster] Private Email and Secure Signatures [Hogmartin] Moron Meet-Ups	« Must Watch Video From MEMRI TV \| Main \| CBS: Bush Polls Hit All-Time Low » February 27, 2006 After Dinner Cowbell: 2006 Economy Will Roar Back Just in time to distract us from the Iraq Civil War: The US economy is set for a strong rebound in the first quarter of 2006, shaking off the hurricane-related weakness of the fourth quarter, a survey of business economists showed. The survey of the National Association of Business Economists called for the economy to expand at a robust 4.5 percent pace in the current quarter -- the fastest since 2003 -- after a disappointing 1.1 percent annualized rate in the fourth quarter. "The NABE panel sees the economy roaring back in early 2006 following the fourth quarter's tepid 1.1 percent growth," said Stuart Hoffman, NABE president and chief economist at PNC Financial Services Group. "Our forecasters expect the economy to shake off the effects of last years hurricanes and surging oil price." The report based on a survey of 53 economists projected the overall pace of growth for 2006 at 3.3 percent. posted by Ace at 07:56 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Adriane the Fruit Pie Chart of the Month Club Critic . . .: "Rain ? ..." Taboo family sex: "Time Extension. Hookshot Media. Archived from the ..." Skip : "U since that 2am comment ..." Adriane the Fruit Pie Chart of the Month Club Critic . . .: "Pawn - I’m sorry it’s a bad night. ..." Ciampino - Russian launch: "[u]QUICK REFERENCE GUIDE TO SPACE ACTIVITY FOR NOV ..." Biden's Dog sniffs a whole lotta malarkey, : "Just fixin' a bagel. Posted by: RickZ at November ..." pawn: "Thanks Adriane, I have mobility issues and a ba ..." RickZ: "Just fixin' a bagel. ..." Adriane the Fruit Pie Chart of the Month Club Critic . . .: "I would suggest a warm soak to at least relax the ..." pawn: "Damn, still can't sleep. Dreading work tomorrow ..." Biden's Dog sniffs a whole lotta malarkey, : "Guess I am only one here Posted by: Skip at Novem ..." Puddleglum, cheer up for the worst is yet to come: "Nope. I'm lurking about Skip. I nodded off in the ..." Recent Entries Daily Tech News 21 November 2024 Wednesday Overnight Open Thread - November 20 2024 [TRex] Storm Warning Cafe "Expert" Allan Lichtman Melts Down In Argument With Master Debater Cenk Uygur (???), Declares That Anyone Saying He's Wrong Is Commiting "A Blasphemy Against Me" Disney-Owned ABC "News:" You Know Who's Really Responsible for Laken Riley's Murder? Donald Trump NYT "Fact"-Check of RFKJr.s Complaint That the US Version of Froot Loops Contains Chemicals Not Present in Foreign Versions: The Ingredients List Are "Roughly" the Same (Except for All the Artficial Chemicals That RFKJr. Specifically Objects To) Speaker Johnson Announces: All Women's Bathrooms and Changing Areas Are Reserved for Biological Women Only Comcast Announces It's Dumping MSNBC and Other Dying Cable Channels The Illegal Alien Who Murdered Laken Reilly, With An Assist from Joe Biden and Kamala Harris, Is Convicted on Ten Counts Update: Tren De Aragua "Migrant" Arrested for Robbing Manhattan Prosecutor After Masturbating In Her Home Wednesday Morning Rant Search Search this site: Polls! Polls! Polls! Frequently Asked Questions What is the Deal with the Cowbell? Why is the Ace of Spades called "the Death Card"? The (Almost) Complete Paul Anka Integrity Kick Primary Document: The Audio Paul Anka Haiku Contest Announcement Integrity SAT's: Entrance Exam for Paul Anka's Band AllahPundit's Paul Anka 45's Collection AnkaPundit: Paul Anka Takes Over the Site for a Weekend (Continues through to Monday's postings) George Bush Slices Don Rumsfeld Like an Fckin' Hammer Top Top Tens Democratic Forays into Erotica New Shows On Gore's DNC/MTV Network Nicknames for Potatoes, By People Who Really* Hate Potatoes Star Wars Euphemisms for Self-Abuse Signs You're at an Iraqi "Wedding Party" Signs Your Clown Has Gone Bad Signs That You, Geroge Michael, Should Probably Just Give It Up Signs of Hip-Hop Influence on John Kerry NYT Headlines Spinning Bush's Jobs Boom Things People Are More Likely to Say Than "Did You Hear What Al Franken Said Yesterday?" Signs that Paul Krugman Has Lost His Frickin' Mind All-Time Best NBA Players, According to Senator Robert Byrd Other Bad Things About the Jews, According to the Koran Signs That David Letterman Just Doesn't Care Anymore Examples of Bob Kerrey's Insufferable Racial Jackassery Signs Andy Rooney Is Going Senile Other Judgments Dick Clarke Made About Condi Rice Based on Her Appearance Collective Names for Groups of People John Kerry's Other Vietnam Super-Pets Cool Things About the XM8 Assault Rifle Media-Approved Facts About the Democrat Spy Changes to Make Christianity More "Inclusive" Secret John Kerry Senatorial Accomplishments John Edwards Campaign Excuses John Kerry Pick-Up Lines Changes Liberal Senator George Michell Will Make at Disney Torments in Dog-Hell Greatest Hitjobs The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Margaret Cho: Just Not Funny More Margaret Cho Abuse Margaret Cho: Still Not Funny Iraqi Prisoner Claims He Was Raped... By Woman Wonkette Announces "Morning Zoo" Format John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia World Muslim Leaders Apologize for Nick Berg's Beheading Michael Moore Goes on Lunchtime Manhattan Death-Spree Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears Liberal Economists Rue a "New Decade of Greed" Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility Intelligence Officials Eye Blogs for Tips They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq Leather-Clad Biker Freaks Terrorize Australian Town When Clinton Was President, Torture Was Cool What Wonkette Means When She Explains What Tina Brown Means Wonkette's Stand-Up Act Wankette HQ Gay-Rumors Du Jour Here's What's Bugging Me: Goose and Slider My Own Micah Wright Style Confession of Dishonesty Outraged "Conservatives" React to the FMA An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear The Story the Rightwing Media Refuses to Report! Our Lunch with David "Glengarry Glen Ross" Mamet The House of Love: Paul Krugman A Michael Moore Mystery (TM) The Dowd-O-Matic! Liberal Consistency and Other Myths Kepler's Laws of Liberal Media Bias John Kerry-- The Splunge! Candidate "Divisive" Politics & "Attacks on Patriotism" (very long) The Donkey ("The Raven" parody) Syndicate this site (XML) Powered by Movable Type 2.64