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Stronger U.S. Growth Seen in 2015

Reuters (02/11/15) Lucia Mutikani

The U.S. economy is expected to see its best performance in 10 years in 2015, with gross domestic product growing a forecasted average of 3.2%, according to a Reuters poll of 82 economists. Their optimism remains strong despite a weak first quarter, because the labor market is strengthening.

“There may be a few ups and downs this year, but the economy’s fundamentals are very strong and they are going to outweigh the issues from abroad. Three percent GDP [growth] is achievable,” says Ryan Sweet, a senior economist at Moody’s Analytics.