While it’s not back on its feet yet, the U.S. economy is proving more resilient than many naysayers predicted, according to September’s Monthly Outlook from Wells Fargo’s economics group.

If modest gains in July and August turn out to be an upward trend, which Wells Fargo deems likely, GDP will follow suit. While it is currently weak, at 1.6% in the second quarter, that growth should compensate in part for the government’s stimulus packages, which are now winding down and will soon be gone.

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