The US economy is mending more quickly than anticipated, although high unemployment and growing commercial property defaults will put a drag on the recovery, the International Monetary Fund has said. In its latest World Economic Outlook, the IMF said it now expects the US economy to grow 1.5% in 2010, up from its July forecast for 0.8% growth. It pushed down its 2009 forecast to a decline of 2.7% from its earlier estimate of a 2.6% slide.
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