Global Plastics Summit: Positive economic news propels plastics

News impacting the U.S. economic outlook is "terrific," Nariman Behravesh, chief economist for IHS said today at the opening of the inaugural joint SPI/IHS Global Plastics Summit in Chicago.

Representing an organization of 400 economists, Behravesh thinks that U.S. GDP growth will approach 3.5% after hovering under 2%.

"We have made substantial progress in reducing household, financial sector, and government debt --all of which had contributed to a decline in economic growth since 2010."

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