Despite mildly reassuring data to the contrary, some economists say, the nation's economy could end up the year with a whimper, forcing the Federal Reserve to cut interest rates again.

"The problem is the stimulus may come too late," says Lacy H. Hunt, chief economist at HSBC Securities Inc., New York.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.