Wall Street Journal (12/11/14) Kathleen Madigan
Falling gas prices, a tighter job market, and expected wage gains will likely lead to stronger economic growth in the U.S. in 2015, according to 45 economists surveyed by the Wall Street Journal. They forecast that the economy will grow an inflation-adjusted 2.9% next year, which would result in 2015 being the second-strongest year of the economic expansion. However, economists had similar forecasts for 2014 (of 2.8% growth) that failed to pan out, largely due to poor and unexpected winter weather and a poor housing market. Economists now believe 2014 will see growth of just 2.2%.