Home > Uncategorized > Economist Discusses Positive, Negative Influences on Economic Growth

Economist Discusses Positive, Negative Influences on Economic Growth

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The overall outlook for the 2014 economy in the United States is optimistic, but guarded, according to Dr. Lynn Reaser, chief economist at the Fermanian Business & Economic Institute in San Diego, California.

“There are beginning to be indications that we are pulling away from the legacy of the global financial crisis of 2008 and 2009, but we put a question mark there,” she told listeners of the Five Star Radio Mortgage Markets Todayprogram and its host, Louis Amaya, co-founder, CIO, andCOO of the iServe Companies.

The jobs report for November stated that about 200,000 jobs were created, which helped to bring the unemployment rate down to about 7 percent. The December report saw the rate dive even further to 6.7 percent.

“Nevertheless, this has been a pretty soggy recovery,” Reaser said. “Believe it or not, we have been in a technical recovery for four and a half years…

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