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Commerce Dept Bullish on US Recovery

by thiryj

Growth probably will continue, economists say:  Economists say solid consumer spending growth and increasing factory output in the Midwest indicate that the economy stands a good chance of continuing its expansion through the end of 2011. Industrial production in the Midwest increased to its highest level in more than 22 years, the Institute for Supply Management said. Consumer spending rose 0.7% in December compared with the previous month, according to the Commerce Department.

via SmartBrief Story Summary.