2006 Expected To See Continued Economic Growth
2006 Expected To See Continued Economic Growth
Next year could be the fifth in a row that the American economy has shown impressive improvement, The Christian Science Monitor reports today. Powering this brighter picture is the retreat of energy prices from record highs, prospects for stronger business investment, and a relatively vibrant job market. Yet another barometer of the future prospects of the economy, the stock market, has been on a tear this fall, with the Dow Jones Industrial Average closing in on 10941, the high reached in March. A broader measure of the market, the Standard & Poor's 500 Index, was up 3.5 percent in November.