Most forecasters are looking at 2013 as being another mediocre year for the economy, but many appear hopeful that growth will accelerate as the year progresses.
Beyond that broad outline, the outlook for next year is muddled. The range of economic growth projections is about as wide as it’s ever been, reflecting the great fiscal haze hanging over the nation.
In its year-end survey released Monday, the National Assn. for Business Economics said the consensus view from its panel of forecasters shows gross domestic product expanding next year at an average annual growth rate of 2.1%.