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When are we going to see demand forecasts pick up?" A related question is when the price of natural gas, a competing fuel, will rise.
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Growth in the advanced countries of the west is forecast to pick up slightly, from 1.8% in 2014 to 2% in 2015.
Global economic growth is forecast to pick up this year and the dollar to head even lower; consequently, industrial prices are expected to hit a new peak, while $400 could become a floor for gold rather than a tough-to-maintain high.
Although growth is forecast to pick up to about 8% in China in the second half of the year, that pace would be slower than in recent years.
With U.S. stock markets having rebounded, economic growth is forecast to pick up in the second quarter to about a 1.7% annual pace.
This week's think-tank report forecasts growth to pick up next year, but only to 1.5%, hardly cause for celebration.
Federated, which owns chains like Macy's and Lazarus, said its second-quarter profit might trail forecasts unless sales pick up.
Economists were forecasting productivity to pick up slightly to a 2.7percentt pace.
The latest growth rate exceeded the average 1.6 percent rate predicted by a Nikkei poll of economists, who also forecast growth to pick up somewhat in the fourth quarter.
The survey forecasts the BJP to pick up 162 seats nationally.
If corporate America comes to share those forecasts, then hiring could pick up, as could capital spending that would further spur growth.
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