U.S. Chamber’s Donohue Sees 2012 Growth of Less Than 3%

The U.S. economy will slow early this year from the pace at the end of 2011, then accelerate and finish with annual growth of less than 3 percent, U.S. Chamber of Commerce President Thomas Donohue said as the nation’s largest business group offered its forecast for 2012.

“America’s most pressing economic challenge is the lack of sufficient growth to create jobs, expand incomes, reduce government deficits, and fund essential programs,” Donohue said today in Washington during his annual speech on the state of U.S. business.