The Kauffman Foundation’s latest quarterly survey of “leading economics bloggers,” which generously includes yours truly, reports that “optimism is out; pessimism is in,” according to the press release. Tim Kane, the survey’s director and a scholar at the foundation, says: “This quarter’s survey provides an unprecedented level of pessimism about the state of the U.S. economy among top bloggers.”
In the wake of this morning’s encouraging news on last week’s initial jobless claims, perhaps the pessimism is already out of date. In any case, you can find the full survey here. As a preview, here’s how bloggers responded to the question: How do you assess the overall condition of the U.S. economy right now?