11. And with companies scaling back production and hiring because of sluggish sales ahead, economists expect spending to remain weak through next spring. 12. And with the loss of benefits to legal immigrants who are not yet citizens, some economists expect the Hispanic poverty rate to worsen. 13. As a result, economists expect the bank to hedge its inflation predictions by emphasizing the risks to the outlook, as it did in November. 14. As exports from Japan and the rest of Asia flood the American market, economists expect the U.S. global trade deficit to swell in the coming months. 15. As many Wall Street economists expected, the Consumer Price Index rose three-tenths of percent in May, indicating that inflation was tame. 16. Barring any new terrorist attacks, economists expect this downturn to be over in the first half of next year. 17. Because the economic recovery is still in doubt, economists expect politicians to step up their demand for government spending to boost their chances of being elected. 18. Both the job growth and the unemployment rate came in better than most economists had expected, and stronger than in August. 19. A slowing of the broader economy, which some economists expect later this year, would make a local recovery much harder. 20. A recent survey by Bloomberg News showed economists expect the bank to raise interest rates twice more this year, by a quarter-point each time. |