March 11, 2010

On average, the forecasters believe the stimulus added one percentage point to growth in 2009 and that without it the unemployment rate would be 10.4% now as compared to the current 9.7% rate. However, only 6% of respondents believe the stimulus was the government policy that played the biggest role in rescuing the U.S economy from the financial crisis. 51% cited the Fed’s ultra-low interest rates as most important while 27% believed the Fed’s purchases of U.S. Treasuries and mortgages played the greatest role.

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