Solid growth brightens economic outlook for 2014

Published



WASHINGTON (AP) — Consumers will spend more. Government will cut less. Businesses will invest more. And more companies will hire.

Add it all up, and you can see why expectations are rising that 2014 will be the best year for the U.S. economy since the recession ended 4½ years ago. That’s why the Federal Reserve is pressing ahead with a plan to scale back its economic stimulus.

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