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Thursday, October 29, 2009

U.S. economy grew 3.5% in the most recent quarter

After four brutal quarters of the economy shrinking, the economy actually grew 3.5% in the 3rd quarter of 2009.

It is more evidence that the recession may be ending. It's too soon to know 100%, we still need 1 more quarter of growth to know that.

Exports and imports increased, motor vehicle sales increased, as just a few examples of how the growth has taken place.

Will it last? Time will tell.