A sign for Fletcher Building Ltd, New Zealand's biggest builder, adorns a crane at a construction site in the New Zealand city of Auckland, June 25, 2017. REUTERS/David Gray
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Tucked away in Reuters latest quarterly economic poll series is a projection that growth rates in nearly all of the world's largest economies will fall over the next two years.The Reuters polls of economists around the world – looking at 46 economies – have been prescient in past years.The U.S. economy will be down slightly, to 2.1 percent from 2.2 percent, way below the historical trend of above 3 percent.The new normal – post-crisis and with big emerging economies having matured themselves – may well be for less robust growth, although the Reuters polls project the world economy to grow at around 3.5 percent annually over the next three years.There is a strong consensus that it will tick up to 0.3 percent from 0.2 percent quarter-on-quarter, but slip to 1.7 percent from 2.0 percent year against year.
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