Asian Economies to Grow by 8.2% in 2010

Asian economies will grow by 8.2% in 2010, according to a new report.

“Strong export recovery, robust private demand, and the sustained effects of stimulus policies allowed the region to experience solid growth in the first half of 2010,” The Asian Development Bank said. “This improved performance is broad-based and is projected to carry on for the rest of the year.”

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Asian Economies to Grow by 8.2% in 2010 originally appeared on DailyFinance on Tue, 28 Sep 2010 08:29:00.

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Economists Cut U.S. Growth Forecast for Third Straight Month

A panel of economists cut its forecast for U.S. economic growth for the rest of 2010 for the third month in a row.

The latest Blue Chip Economic Indicators report said that lower-than-expected consumer spending, business investment and private constr…