A group of 47 forecasters is mildly optimistic about the U.S. economy, according to the the February National Association for Business Economics Outlook, revising their projections for U.S. GDP growth up from their last report in November.
The momentum comes from “pent-up consumer and business demand, strong growth in foreign economies, especially those in Asia, and accommodative monetary policy,” said NABE President Richard Wobbekind, associate dean of the Leeds School of Business at the University of Colorado.
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