Real gross domestic product projections increased, with forecasters seeing rates of up to 3.1% growth in real gross domestic product in the last half of 2009, although predictions for the jobless rate now hover above the 10% mark, according to the latest Livingston Survey, released yesterday by the Federal Reserve Bank of Philadelphia.

Real GDP, after rising a projected 3.1% in the last half of this year, will go up 2.6% at an annual rate in the first half of 2010 and 3.0% in the last half of next year, according to the survey. In the previous survey, released in June, the projections for GDP growth were 1.1% for the last half of 2009, and 2.6% for the first half of 2010.

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