Economists Predict GDP Growth, Employment Gains for Rest of 2014
Economists surveyed by USA Today predict the
annual rate of gross domestic product growth will be 3% or more in the current
quarter and in the last two quarters of the year. They also forecast monthly
job gains will average 210,000 for the remainder of the year, up from the
monthly average of 194,000 in 2013. Separately, Federal Reserve Bank of Atlanta
President Dennis Lockhart says it will not be clear for several months that a
3% GDP growth rate is sustainable.
From NRCA
Trenton H. Cotney
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