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Noted and passed -- Oct. 31, 2011
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• “It ain’t brilliant, but at least it’s heading in the right direction,” was the comment of one leading economist after the latest figures on the U.S. economy were released. Ian Shepherdson was commenting on a growth rate of 2.5 percent, as opposed to the 4-percent growth many would like to see. We’ll share his optimism and hope the latest figures are proof that the country isn’t heading into a double-dip recession.

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