Survey: Economists' Outlook Is Sunny But Not Due To Tax Cuts

WASHINGTON (AP) — America's business economists are sketching a bright picture for the coming months, with a survey finding that more of their companies foresee rising sales and expect to continue hiring and raising pay. At the same time, nearly two-thirds of respondents in the latest survey by the National Association for Business Economics say President Donald Trump's tax cuts, which were promoted as likely to spur hiring and investment, haven't affected their plans. The survey being released Monday appears to suggest instead that the economy's momentum is being driven primarily by solid growth worldwide and by the nearly nine-year-old U.S.

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