Even as the nation slogs through the final stages of a turbulent presidential election, the next two years should be good ones for credit unions, one economist said today.

"We're forecasting a modest acceleration in economic growth to 2.4% in 2017 from this year's very slow 1.6%," said Steve Rick, CUNA Mutual Group's chief economist, during CUNA Mutual's annual online Discovery Conference. "An inventory correction, reduced energy sector investment due to falling oil prices, and the negative impact of the rising dollar on our exports all contributed to the U.S. economy's slower growth rate. These factors will start to fade in 2017, resulting in a growth rate slightly above the target 2% mark."

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