Chugging Along

The US economy is growing at almost a 2% rate, even with the natural and economic disasters of late. GDP is steadily climbing, adding an average if 150,000 jobs monthly. This will be slowed somewhat by all the cuts of the impending sequestration, especially in the area of defense where the cuts will be greatest. Fortunately, the fed is pumping so much recovery money into the economy that, even with austere budget cuts, they believe growth should continue.

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Chugging Along

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