Friday, December 31, 2010

US Economic Momentum Continues

VOAVideo: US Economic Momentum Continues

More signs that the US economy is moving in the right direction: The US Labor Department says new claims for unemployment benefits declined last week, dropping below 400,000 for the first time since July 2008. Other data also shows that businesses expanded in the month of December while home sales grew modestly in November. Despite the encouraging numbers, investors remain cautious as 2010 comes to a close. Mil Arcega reports.

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