Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1Q

  • by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: July 11, 2014 - 10:45 AM

WASHINGTON — U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

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