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Why U.S. GDP Growth Will Remain Robust

The advanced estimates for US fourth quarter GDP suggest that the country's GDP expanded by 2.6%. While GDP growth remains robust in 4Q14, growth was significantly lower than 3Q14 GDP growth of 5.0%. However, the relatively lower GDP growth does not imply that the economy is getting weaker. This article discusses the reasons to believe that US GDP growth will remain robust in the coming quarters from a consumption growth…