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Bank economists see solid economic growth ahead

Growth resumed in the second quarter of 2014 after a surprisingly weak start to the year, but investment in businesses and homes – along with reduced fiscal drag – will spur the U.S. economy over the next two years, according to the Economic Advisory Committee of the American Bankers Association.

The committee, which includes 14 chief economists from among the largest banks in North America, predicts that inflation-adjusted GDP will achieve roughly 3 percent growth for the remainder of 2014 and into next year.

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