U.S. GDP to Grow 3% by 2016; Defense Spending Rises

September 15, 2014
UCLA Anderson Forecast's third quarterly report of 2014 indicates that the real Gross Domestic Product for the United States will grow at approximately 3% over the next two years, following a decline of 2.1% in the first quarter of this year and a rebound of 4.2% growth in the second.
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