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Dec 22, 2012
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Signs suggest US better economy if 'cliff' is averted
Fresh signs of a strengthening US economy on Friday suggested that if Congress and the White House can avert the "fiscal cliff," the economic recovery might finally accelerate in 2013. Consumers spent and earned more in November. And for a second straight month, US companies increased their orders for a category of manufactured goods that reflects investment plans. In light of the latest figures, some analysts said the economy could end up growing faster in the current October-December quarter - and next year - than they previously thought.
Source -
http://economictimes.indiatimes.com
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