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Economic Recovery Underway

Jim Power Economic Outlook (November 2013)

 Highlights

Tentative economic recovery underway; tight fiscal policy required to 2020;

Stronger growth in train for 2014;

GDP forecast to grow by 0.3% in 2013 and 2.1% in 2014;

GNP forecast to grow 1.1% in 2013 and 1.8% in 2014;

Unemployment will decrease to 13.3% in 2013 and to 12.5% in 2014.

Read Economist Jim Power’s blog here: http://www.jimpowereconomics.com.

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