Rise in US exports brightens outlook for economy

[Omaha Steve]

Source: By PAUL WISEMAN and MARTIN CRUTSINGER

WASHINGTON (AP) - The outlook for U.S. economic growth is looking slightly better.

American businesses sold a record number of goods and services in Europe, China and other foreign markets in February, while imports declined.

Many economists began raising their forecasts for January-March growth after seeing Thursday's government report on the lowest trade deficit since the fall.

And the jump in exports contributed to the second straight day of gains on Wall Street. The Dow Jones industrial average closed up 181 points - its second largest gain of the year.


Read more: http://apnews.excite.com/article/20120412/D9U3K2HG0.html

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In a Thursday, March 8, 2012 photo, Tencent America job booth is shown at the Game Developers Conference in San Francisco. More Americans sought unemployment benefits last week, pushing the number of applicants to the highest level in two months. The Labor Department said Thursday, April 12, 2012 that weekly unemployment benefit applications jumped 13,000 to a seasonally adjusted 380,000. The previous week's figures were also revised higher. The four-week average, a less volatile measure, rose to 368,500. (AP Photo/Paul Sakuma)

[Grassy Knoll]

1. Great News Steve...

You do know though Bush made this possible, Right.