US economy poised for gains in 2014

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Xinhua, Washington :
The US economic growth is on track to accelerate this year as headwinds recede and underlying momentum picks up, said the White House in a report yesterday.
The economy continued to recover and strengthen in 2013, nearly five years after the worst of financial crisis, said the Latest Economic Report of the President.
The unemployment rate fell 1.2 percentage point in 2013, a larger decline than in previous years and more than was forecast by most private-sector economists, according to the report prepared by the White House Council of Economic Advisors.

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