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Area economic growth displaying accelerated pace
ECONOMIC TRENDS
Brian G. Long
Published: March 7, 2011
Growth accelerates. That's the latest word on the greater Grand Rapids industrial economy, according to data collected in the last two weeks of February. New orders, our closely watched index of business improvement, advanced to +45, up from +25. In a similar move, the production index rose to +41 from +29. Activity in the purchasing offices edged up to +33 from +29. The employment index posted a modest gain and rose to +35 from +29.

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