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Last updateMon, 15 Oct 2018 7pm

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Manufacturing & The Economy

G-7 Nations Expect Further Growth After Strong 2017

“The global economy found its post-crisis footing in 2017, with most major developing economies surprising on the upside,” Bloomberg reports.

“Comparing 2017 predictions made a year ago versus the likely outturn -- based on the latest forecasts in Bloomberg’s monthly survey -- shows that the pessimists called this one wrong. One of the biggest surprises was the euro area, set for its strongest expansion in a decade. At 2.3 percent, the expected growth is far above the 1.4 percent pace predicted at the start of the year.” 

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