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U.S. Economy Could Recover Much Sooner Than Expected

You’ve heard all the gloom and doom about this recession. Now here’s some good news: the economic recovery could happen much sooner—and be much stronger—than anyone thought possible. 

Though the latest economic data is still giving a mixed picture, a small but growing group of economists is disputing the idea that the recession will drag on for months and that the rebound will be as weak as those following the the 1991 and 2001 downturns.

Even the Federal Reserve is signaling some optimism. After its regular two-day policy meeting ended on Wednesday, the central bank said that weakness in in the economy appeared to be slowing.