CUNA economists believe credit unions are still on track for an excellent year—barring war by means of weapons or trade.
While double-digit loan growth is expected to continue this year, CUNA is now dialing back its economic growth prediction to 2.3% for 2017.
The week after President Trump's inauguration, CUNA raised its 2017 economic growth forecast to 2.5%, up from the 2.4% prediction in December. CUNA economist Mike Schenk then tempered his optimism with concerns about a trade war.
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