“The economy appears to be gaining some traction,” Lockhart said in a talk at Georgetown University in Washington. “The economy has looked better and better” as more reports have come in. “The public in general is beginning to get more confident about the outlook and that translates into more activity.”
“We would expect growth to come in in the range of 2.5 to 3 percent,” Lockhart said.
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Jeff Kearns in Washington at email@example.com