The U.S. Economy is believed Will More So Gloomy

The economists estimate, in the coming months, few from companies the United States (U.S.), which open new job opportunities. These projections show their pessimism about the growth the U.S. economy in coming years.

According to the survey conducted by the National Association for Business Economists (NABE), nearly 85 percent of economists predict, the economy grew at two percent or less over the next 12 months. In fact, in July, only 23 percent of survey respondents predicted that slow growth. It is quoted by the Associated Press (AP).

In addition, the number of companies planning to hire more workers fell from 42 percent to 30 percent, while the number of workers from existing firms to grow. This group also reported, 13 percent of respondents have reduced their staff, up from eight percent in July.

One fifth of the economists say, Europe's debt crisis has hurt sales, with an estimated average of approximately 10 percent. Not only that, approximately 30 percent estimate this state will continue until the first quarter of 2012.

This quarterly survey includes the views of economists on the 70 private companies and trade groups that are members of NABE. The data is then reported to the broader industry groups.

Approximately a quarter of respondents reported an increase in profitability since the last quarter, compared with 16 percent who reported a decrease. Companies that reported an increase in their profit margins in the sector that includes food, transportation, utilities, information and communication.