Predictions for 2014 economy are generally upbeat, with analysts seeing growing picking up and the bull market in stocks continuing. But the economy won't get back to normal in the new year, despite the positive predictions for 2014.
Washington's logjam over the government shutdown, and its wrangling over raising the national debt limit, have already slowed economic growth, many economists say. But threat of a debt default is grave enough to coax lawmakers to resolve differences, they hope.
Insurance companies are likely to end 2011 in the black, despite a string of weather disasters. But insurance companies are expected to raise premiums..
Some private economists see devastating effects, such as stock markets plunging. But other economists don't envision such a scenario, suggesting that the Fed, for example, may step in.
New home sales and existing home sales dipped last month and prices continue to fall. But the slump is sowing the seeds of its own housing recovery.
A longer-than-anticipated shutdown of Japan's factories – or the spread of fighting in Libya to major oil producers – could stop a fragile economic recovery in the developed world.
After plunging at the opening Tuesday, the Dow Industrial Average regains some ground. But uncertainty over the Japan nuclear crisis could weigh on the economy, and markets, for some time.
The chief question at this weekend's G20 summit will be how to keep the world economy growing. The Europeans are cutting government spending, ignoring President Obama's call for more stimulus.