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Judging from the ongoing improvement in the purchasing manager's index of manufacturing activity, the recession is just about over. The debate going forward really should be about how strong the recovery will be, not whether there will be a recovery.
Monday, June 1, 2009
Recession end in sight (2)
Judging from the ongoing improvement in the purchasing manager's index of manufacturing activity, the recession is just about over. The debate going forward really should be about how strong the recovery will be, not whether there will be a recovery.
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