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  • Housing Expected to Add to GDP for First Time in 7 Years
  • By Pete Bakel
  • The 2012 outlook is improving modestly from a disappointing 2011. Economic growth picked up in the fourth quarter of 2011 to 2.8 percent and is expected to come in at 2.3 percent for 2012, up from 1.6 percent growth for all of last year, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. However, the year-end growth rate was due largely to a positive swing in business inventory growth, which is not indicative of underlying consumer demand or the overall health of the economy. Nevertheless, consumer spending improved modestly and manufacturing and services activity expanded at a strong pace.

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Taxing Matters: Now’s the Time to Start Planning for Possible Hikes

By Dan Serra

(MCT)—As tax return season starts, many of us are thinking of what we could have done last year to lower our taxes and what we can do now to lower taxes in the future. While it may be too late to change 2011 taxes, it’s the perfect time

In Memory: Houston’s Unique New Jersey House

By Zoe Eisenberg

The sad news of Whitney Houston’s death this past Saturday sent shockwaves through the recording industry as well as her worldwide fan base, who adored the singer for her many gifts in acting, modeling and of course her unforgettable and unmatched vocal talents.


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