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Rep. Steve Hilgenberg: Economy shows signs of recovery
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The United States economy grew for the first time in a year this last quarter, ending the longest economic decline since World War II. Federal officials report that the nation's gross domestic product (GDP), the basic measure of a country's total goods and services produced, grew at an annual rate of 3.5 percent in the quarter that ended in September. That means that more people are spending, more businesses are making bigger investments in product development and worker training, and employment levels are beginning to stabilize.