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Latest survey confirms that the U.S. economy will continue to grow at slower pace

Latest survey confirms that the U.S. economy will continue to grow at slower pace
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POSTED: Monday, October 25, 2010 - 3:02am

UPDATED: Monday, October 25, 2010 - 3:04am

NEW YORK (AP) -- The U.S. economy should continue to grow this year, though forecasters have lowered their expectations about the pace of recovery, according to a new survey.

The National Association for Business Economics survey, set to be released Monday, found that economists have become more cautious in the third quarter, with 54 percent expecting growth of more than 2 percent in 2010, down from 67 percent in a similar survey last quarter.

Still, those in the survey saw improvement in a number of areas.

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