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Surge to boost automotive inventories brings jump
ECONOMY
Brian C. Long
Published: September 8, 2009
More positive. That's the latest word on the greater Grand Rapids economy, according to the data collected in the last two weeks of August. New orders, our index of business improvement, edged up to +24 from +19. This index has now been positive for five consecutive months. The production index fared even better, rising to +34 from +19. Activity in the purchasing offices, which we report as our index of purchases, rose sharply from +4 to +33.

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