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Recession News
July 31st, 2009 2:34 PM
Economy dips at 1 percent pace in the second quarter, signs that the recession may be coming to an end. "Per Jeannie Aversa, AP Economics writer say with consumers spending less on everything from cars to clothing, Americans' savings rate rose sharply in the second quarter, the highest since 1998." Hopefully Americans' will use their savings on purchasing new homes which will help with the economic downfall.
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Posted by Susan Creedle on July 31st, 2009 2:34 PM
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