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denver—molson coors spend $3.54 billion buy starbev , 9 breweries in central , eastern europe expands operations further. denver brewer betting on vibrant region once economic crises subsides in european union, unemployment has reached highest point since euro introduced in 1999.
"the central , eastern european beer market attractive, strong historical trends , upside potential region returns pre-economic-crisis growth rates," president , ceo peter swinburn said tuesday.
brewer slogged through similar economic swamp recently, when economic crises cut severely budgets of beer drinkers in u.s. however, molson coors appears have emerged leaner , stronger in recent quarter, , u.s. economy appears on mend. beer sales again on rise.
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consumers flocked car dealerships last month scrambled replace gas-guzzling vehicles more efficient cars, encouraged strengthening economy.
“the combination of credit availability, improving economy, pent-up demand , high fuel prices encouraging people acquire newer, more fuel-efficient vehicles helping drive industry sales,” said reid bigland, chrysler’s u.s. sales chief.
chrysler group said u.s. sales rose 34% in march 163,381 vehicles compared same month year ago. chrysler’s best monthly sales in 4 years. analysts believe time automakers report tuesday, industry have logged sales of 1.5-million cars in march, more has in month since 2007.
general motors co. said march sales rose 12% 231,052 vehicles. ford motor co. said logged best march u.s. sales month since 2007. sales rose 5% 223,418 vehicles in march. results boosted large sales rental car companies , other fleet customers.
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washington — unemployment rates fell last month in u.s. states, including in hit hardest during recession.
labor department said friday unemployment rates declined in 29 states , rose in 8. rates unchanged in 13 states , washington, d.c. improvement broader last month: rates fell in 45 states in january.
still, job growth more widespread in previous months. employers added jobs in 42 states, in year. ohio, texas , new york reported biggest job gains.
nationwide, economy added 227,000 net jobs in february , has averaged 245,000 jobs per month since december. that’s helped lower unemployment 8.3 percent, lowest level in 3 years.
economy expanding modestly. economists expect stronger job market lift growth later year.
, fresh data released friday suggest may happening. consumer spending rose 0.8 percent in february, commerce department said. that’s best gain in 7 months.
of worst-hit states seeing progress. michigan’s unemployment rate fell 8.8 percent in february. that’s down peak of 14.2 percent in august 2009.
many there benefiting recovery in auto industry, has boosted job creation. washington post click expand...
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the number of americans signing contracts buy owned homes held in february near two-year high, sign real estate market may stabilizing.
index of pending home purchases fell 0.5 percent 96.5 after 2 percent increase prior month, national association of realtors said today in washington. january’s reading of 97 highest since april 2010. median forecast of 41 economists surveyed bloomberg news called 1 percent rise.
residential real estate recovering amid threat of more foreclosures, weighing on property values. pickup in hiring, growing incomes , mortgage rates near record low making houses more affordable, driving demand.
“demand gradually improving,” said yelena shulyatyeva, u.s. economist @ bnp paribas in new york. “it’s problem of oversupply in housing market. lot depend on how fast foreclosures being processed.”
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with signs country emerging economic slump, mitt romney has begun blame president obama making far worse have been under romney presidency.
“i believe economy’s coming back, way,” said on monday. “we’ll see happens. it’s had ups , downs. think it’s coming back. economy comes after recession, of course. there’s never been 1 didn’t recover from.”
romney continued: “the problem 1 has been deeper needed , slower recovery should have been virtue of policies of president. he’s done has made harder economy recover , that’s obamacare failed stimulus massive deficits dodd-frank. list goes on , on.”
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the economy getting better, president obama's policies haven't helped? , gop plan "go back" policies of deregulation , lowering taxes on wealthy had before president obama? how going help? wonder if plans on destroying gm , chrysler when takes office. i'm sure saving industries didn't @ all.
for now, romney has make sure gets on news every 48 hours , remind "base" name isn't barack obama. real campaign won't begin until after convention, , average voter won't recall word says until anyway.
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