Market Report, "United States Business Forecast Report Q1 2014", Published
We remain positive on the growth trajectory for the US economy over the next several years, as we believe that many structural factors are aligning for a period of sustained growth, underpinning our forecast for real GDP growth to average 2.4% per year from 2013- 2018, up from 0.8% per year from 2008-2012. The labour market recovery has further to go, meaning that modest increases in job creation will prove to be a boon to spending over the medium term.
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