Credit union trade groups are sticking with their predictions of 2.3% GDP growth this year and next as job growth continued to fuel loan growth in July.
Jordan van Rijn, a CUNA senior economist, said confidence is supported by healthy increases in consumer spending, domestic investment and global growth.
"CUNA economists continue to expect relatively robust economic growth, low unemployment and strong demand for credit union products and services, for the foreseeable future," van Rijn said.
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