2003 Growth Forecast Scaled Back to 2.6%
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From Bloomberg News
Economists scaled back forecasts of 2003 U.S. economic growth for a second straight month as expectations waned for a rebound in consumer spending and inventory building, the latest Blue Chip Economic Indicators survey found.
The economy probably will expand 2.6% this year, down from the forecast of 2.7% that the survey found last month.
From Bloomberg News
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