Economic Forecast: Ross DeVol's Positive Outlook on the U.S. Economy

Tangible signs of U.S. economic turnaround are evident, and the recovery is already on its way, according to Ross DeVol, Executive Director of Economic Research at the Milken Institute

In his forecast, "From Recession to Recovery: Analyzing America's Return to Growth," available at www.milkeninstiute.org, he calls for modest but sustainable growth in GDP, consumer spending and jobs. According to DeVol, strong recovery in business investment in equipment, more robust exports, a more upbeat consumer and continued low interest rates will fuel the growing recovery.

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• economy
• jobs
• growth
• GDP
• economic forecast