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Regional News

Experts Say the Economy is Stalled


The economic recovery is stalled. For the fourth month in a row, the University of Oregon Economic Index has declined. Economist Tim Duy says without government intervention; it's going to be a slow, painful recovery. The high unemployment rate combined with a lack of consumer confidence is keeping spending down. When consumers start to spend, then businesses will start to hire and the economic recovery will resume.

 

 

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