Economy on the mend? | Detroit Lakes Online

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Economy on the mend?

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Good news on the economy -- it appears President Obama's stimulus plan is working.

After a very scary year, in which the economy shrunk, financial institutions were shaken, and the economy seemed poised to fall off a cliff, things have rebounded.


The economy grew in the third quarter for the first time in more than a year, thanks to gains in consumer spending and home building -- courtesy of the federal stimulus program.

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