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Economy Overview

United States

Report | United States Economy Overview - Spring 2010

Summary

The building blocks for a sustainable recovery began to take shape during the first quarter with recent indicators pointing towards a stabilizing labor market. GDP growth, rising corporate profits, an equity market recovery and rapidly improving industrial indicators have also contributed to the expansion underway. A recovery in commercial real estate fundamentals will lag the overall economy and will continue to remain challenged throughout 2010 until a sustained recovery in the labor market takes hold.

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