Investors discuss the economic forecast for 2013

By: Suzanne Nogami Email
By: Suzanne Nogami Email

GRAND JUNCTION, Colo. (KKCO) – It’s been a long road to recovery for the economy, and investors have been anxious for every sign of improvement.

At an annual economic forecast luncheon hosted by May-Investments, experts shared their thoughts on how the coming year will shape up in light of the fiscal cliff.

Investors say last year’s growth was slow but steady and we can expect something similar for 2013.

“I think 2013 is almost a carbon copy of 2012. We expect two and a half percent instead of a two percent growth; about the same, steady growth,” said Doug May, owner of May-Investments.

Another topic at the luncheon: unemployment rate.

2012 saw slight improvements in employment numbers and next year it’s expected that we’ll continue to see an improvement.

However, officials say we shouldn’t expect to see any drastic changes.

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