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Thursday, April 5, 2012

Small Business News You Can Use (4/5)

Sales of repossessed properties probably will rise 25 percent this year from 1 million in 2011, according to Moody’s Analytics Inc. Prices for the homes could drop as much as 10 percent because they deteriorated as they were held in reserve during investigations by state officials resolved in February, according to RealtyTrac Inc. New orders for U.S. factory goods rebounded in February and firms increased orders for capital goods, suggesting manufacturing held on to some momentum early in the year. The third annual "Brother Small Business Survey" revealed a decline in small business owners feeling the need to store away funds in case of another economic downturn. The private sector created 209,000 jobs in March, continuing the slow but steady rise in employment that has characterized the employment market for months.

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