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Sluggish growth continues, but momentum just over horizon | Business

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Sluggish growth continues, but momentum just over horizon
Business, News
Sluggish growth continues, but momentum just over horizon

The state economy will continue sluggish recover in 2013, but is expected to gain momentum the following two years, according to the University of the Pacific’s Business Forecasting Center.

Real gross state product is expected to grow 2.2 percent in 2013, a similar pace to the previous three years, according to the Business Forecasting Center in a report released this morning. That growth will improve to 3 percent in 2014 and near 4 percent in 2015.

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