July 10, 2009

According to the latest survey, the majority of economists do not believe that the economy needs another round of stimulus despite foreseeing continued job losses. Only 16% of the respondents supported a new stimulus with most preferring more of a wait and see approach. 53% of the analysts said that the stimulus package had boosted the economy somewhat with most of the effect still to come, 39% thought the effect had been small and would remain so while 6% of the respondents thought that the stimulus had hurt the economy.

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