. >> reporter: but silverblatt says once they begin spending, companies will have years of underinvestment to make up for. they may also reward shareholders with buy-backs, increased dividends and new m.&a. activity. scott gurvey, "nightly business report," new york. nationwide, but some places are seeing growth stall or slow down. this is according to the federal reserve's latest beige book survey of regional economies. the pace of economic recovery held pace or held steady in 12 districts, but growth slowed in atlanta and chicago. >> a new study finds the u.s. response to the financial crisis probably prevented a second grace depression. the report estimates g.d.p. today would be much lower today. the economy would have lost an additional 8.5 million jobs, and we would have deflation instead of low inflation. joining us now are the two leading economists, alan blinder and moody's mark zan. >> thank you. >> to the fed's purchase of mortgage-backed securities. which was the most important for the economy. >> it also included the fiscal stimulus. somewhat to our surprise, we didn't know goi

it's an area that's seen underinvestment. kind of a... little bit different area of market st. than the area more to the east or further west. so the idea of looking at redevelopment in that area is to see if you stimulate or can enhance investment in that part of the city. carolyn: there's been lots and lots of different plans over the years over how to redevelop mid-market, and what to do and stuff, but none of them have ever come into reality. so hopefully this is the plan that will make mid-market, and therefore make all of market street, the street that it should be. chris: there's a disagreement between a group largely backed by the property owners and the developers themselves, who want to minimize the amount of concessions being asked for by the city in exchange for this enhanced local investment, and a group more supported by the residents of the area, who are looking for enhanced benefits given to them by developers which include higher affordable housing in the area of developments along mid-market. charles: they oughta take redevelopment plans and sit on them for ab