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The Economy

March 12, 2014 | Weekly Commentary

Last week’s Economic reports indicate the economy is heating up as well as the temperature.  This is evidence of the anticipated manufacturing ramp-up to produce the goods consumers may buy when the weather improves.  Last week, good reports came from employment/jobs, from manufacturing activity, and from personal income levels.

One negative economic report last week indicated productivity came in at a lower level than expected in the 4th Quarter, 2013.  We expect this to be a temporary situation.

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