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Let There Be Light: U.S. Economy To Grow in 2010

But the IMF predicts a 2.5% decline for 2009

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By: TOM BRANNA

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Patience is more than a virtue, in this economic downturn it’s a necessity. The International Monetary Fund predicts the U.S. economy will start growing again…but we’ll have to wait until 2010 for the gains to get underway and at an anemic 0.75% at that. For 2009, the IMF expects the U.S. economy to contract 2.5%. But that’s better than the 2.8% decline the IMF forecast just two months ago. Back then, the IMF also predicted the U.S. economy would post zero growth. F...

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