Daily News: June 16, 2014

OECD: U.S. Growth to Accelerate Through 2015

Reuters reported, citing information from the Organization for Economic Cooperation, the U.S. economic recovery should accelerate in coming months as an energy boom, steadily falling unemployment and a rebound in investment push growth to its fastest pace in a decade.

According to Reuters, the OECD said U.S. gross domestic product would expand 2.5% this year, a touch below its previous forecast, but it maintained its 3.5% growth projection for next year, which would be the strongest advance since 2004, Reuters said.

To read the entire Reuters story, click here.