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TMCNet:  BRIEF: UMB official: Moderate growth in 2013

[February 13, 2013]

BRIEF: UMB official: Moderate growth in 2013

Feb 13, 2013 (The Wichita Eagle - McClatchy-Tribune Information Services via COMTEX) -- Investment officials from UMB said Wednesday they expect moderate economic growth in 2013.

KC Mathews, executive vice president and chief investment officer at Kansas City, Mo.-based UMB, told a group of Wichita business executives he expects gross domestic product growth this year of between 2 and 2.5 percent.

"The bottom line is the fundamentals of economy are moving," Mathews said, though it's at a pace that's slower than most people would like.

Mathews was one of three UMB investment officials speaking at its annual Economic Roadshow, at the Hyatt Regency Wichita.



Read more on this story in Thursday's Business Today or check back at kansas.com.

___ (c)2013 The Wichita Eagle (Wichita, Kan.) Visit The Wichita Eagle (Wichita, Kan.) at www.kansas.com Distributed by MCT Information Services

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