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US Factories, Builders Lift Economy: New July Reports
By Good News Network Thursday, August 16, 2012
The U.S. economy looked more resilient Wednesday after reports showed factories produced more goods in July and homebuilders grew more confident in the housing recovery. Industrial output expanded at the fastest pace since April.
Other encouraging gains included July reports that showed consumers stepped up retail spending and employers created the most jobs since February.
(READ the AP story at ABC News)
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