Growth Not Likely Until Mid-2009

Economists Expect Crisis to Deepen

The U.S. economy has sunk into a recession and government action is critical to stem the damage, according to economists in the latest forecasting survey from The Wall Street Journal.

Economy to Vex Next President

A struggling U.S. economy will loom large over the next president when he takes the oath of office in January, as the Journal's latest survey of economists paints gloomy picture of the outlook through the first half of 2009.

Fannie, Freddie Divide Economists

Chances are better than even that government money will be used to prop up Fannie and Freddie, economists in the latest Wall Street Journal survey said, and a sizeable minority said the institutions should be nationalized.

Growth, Inflation in Dead Heat

Economists are divided over whether the Federal Reserve should focus more on fostering growth or keeping inflation in check, according to the latest Wall Street Journal forecasting survey.

Economists Signal
More Trust in Fed

Economists seem more confident in the Fed and Ben Bernanke, according to the latest Wall Street Journal forecasting survey, although they foresee slow growth and a likelihood of a recession in the U.S.