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July 28, 2020

Business economists' survey shows more hopeful outlook

  • 85% of economists surveyed expect their companies would be able to “stay afloat” for longer than six months without federal assistance, up from 74% in April.
    AP Economics Writer

    WASHINGTON — The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of the coronavirus.

    A survey released Monday by the National Association for Business Economics finds a “significant snap-back in expectations from the depths reached across nearly all categories in April,'' according to Megan Greene, a senior fellow at Harvard who leads the NABE's survey of business conditions.

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