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December 4, 2018

Business economists: Growth ahead, but risks from trade

WASHINGTON (AP) — A group of business economists foresee U.S. economic growth remaining solid next year, with unemployment falling further and only a slight chance of a recession. But they express concern about potential risks, notably from trade conflicts.

In its latest forecast being released Monday, the National Association for Business Economics predicts that the economy will grow 2.7% next year, only slightly below the 2.9% that they expect for all of 2018 as measured by the gross domestic product.

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