Growing Again

December 2009
Rock Products;Dec2009, Vol. 112 Issue 12, p22
The article presents economic forecasts for 2010 and beyond. State revenues will be depressed in the first two quarters of Fiscal Year 2010 which ends June 30. Budget deficits will depress cement consumption in 2010 since 90% of all highway and street spending comes from state and local governments. These deficits are negating the impact from the federal economic stimulus plan although American Recovery and Reinvestment Act money will be spent in 2010. The economy will stagnate if Americans limit their spending and borrowing to recover from debt.


Related Articles

  • Springtime outlook. Thredgold, Jeff // Enterprise/Salt Lake City;3/23/2009, Vol. 38 Issue 39, p9 

    The article offers an outlook of the global economy as of March 23, 2009. Economic recovery plans of the U.S. include home price stabilization strategies and stimulus package. It is stated that the U.S. economy is nearing its 16th month in recession which officially began in December 2007....

  • Two years on a brighter prognosis. Roberts, Douglas // Fund Strategy;12/13/2010, p9 

    The article presents a forecast regarding the portended global economic growth. It mentions the possible improvement of employment condition and the increase of gross domestic product (GDP) in the U.S. after the implementation of the American Recovery and Reinvestment Act (ARRA). Meanwhile, it...

  • Learning from Our Neo-Keynesian Experiment.  // Trends Magazine;Nov2009, Issue 79, p25 

    The article offers forecast on the American Recovery and Reinvestment Act of 2009 in the U.S. It states that even the most liberal economists will discover it almost impossible to defend further massive fiscal stimulus packages. It mentions that while the benefits might never materialize, the...

  • Obama's Economic Stimulus Plan Gives Dollar Strong Start To 2009 On Hopes US Will Recover First. Platt, Gordon // Global Finance;Feb2009, Vol. 23 Issue 2, p54 

    The article presents the economic forecasts for the year 2009. It states that the U.S. economy may spark a quicker economic rebound with the help of stimulus plans, coupled with declining credit-market stress and the sharp drop in energy prices. It predicts that China and other emerging markets'...

  • NO DOUBLE-DIP RECESSION. Humphreys, Jeffrey // Georgia Trend;Dec2010, Vol. 26 Issue 4, p97 

    The article presents a forecast on the economic recovery for the second half of 2009 in the U.S. It states that the recovery will be sustained but the rate of gross domestic product (GDP) growth will be lower in 2011 than in 2010. The lower growth rate is reflecting the waning federal fiscal...

  • Q1 T&D Market Index Continues to Fall.  // Electric Light & Power;May/Jun2009, Vol. 87 Issue 3, p60 

    The article focuses on the technology and design (T&D) market indexes in the U.S. It informs that the company Denali Intelligence's T&D market index decreased by 5.5% in the first quarter of 2009. Denali expects the market index to reflect continued price fall for materials and an increase for...

  • States grapple with gaps.  // Disclosures;Mar/Apr2010, Vol. 23 Issue 2, p2 

    The article focuses on the significance of the 37% financial assistance from American Recovery and Reinvestment Act (ARRA) in filling the record budget shortfalls in Virginia.

  • The Road to Recovery. Villamil, José J. // Caribbean Business;10/7/2010, Vol. 38 Issue 39, p15 

    The article focuses on the impact of the stimulus plans enforced by U.S. President Barack Obama's administration on the economic recovery in the country.

  • The sustainability of the recovery. Hoxter, Cartis J. // Caribbean Business;9/9/2010, Vol. 38 Issue 35, p12 

    The article discusses concerns about the sustainability of economic recovery without the 814 billion U.S. dollars stimulus program enacted by the administration of U.S. President Barack Obama at the start of 2009. Republicans believe that the stimulus did not help the American economy and added...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics