U.S. GDP should fall 2.6% in fourth quarter

The Gross Domestic Product of the United States to fall 2.6% in the fourth quarter, at annual rate, increasing only 0.7% for the whole of 2009, according to a poll of economists from the National Association for Business Economics, Nabe, published in this second - fair.

The 50 professionals who participated in the study estimated, on average, that the U.S. GDP to decline by 1.3% in the first quarter of 2009.

Following the fall in GDP of 0.3% annual rate in the third quarter (according to first estimate of the Department of Commerce) that mark a decrease in production in the country the third consecutive quarter, a fact that does not happen since 1975.

The study foresees a return to growth (from 0.5%) in the second quarter of 2009.

Already the Federal Reserve of Philadelphia issued a report noting that economists ears "think that the recession began in April 2008 and should last for 14 months," until the end of the first half of 2009.

According to the study, more than two thirds of the experts heard indicated that led into account in its forecasts the adoption of the new budget plan for reactivation, according to the promised by President-elect Barack Obama, who takes on Jan. 20.

The amount of this plan is estimated at 211 billion dollars, the study adds, emphasizing that its effect will be felt on GDP from the first quarter of 2009.