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Article: Index charts slowed growth.(Business)(LibertyBank's annual small business report expects improvement later this year)
- Article from:
- The Register Guard (Eugene, OR)
- Article date:
- May 10, 2008
CopyrightCOPYRIGHT 2008 The Register Guard. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Joe Mosley The Register-Guard
The monthly LibertyBank Small Business Index came out Friday with a glass-half-full report, pointing out that although overall conditions for small business owners continued to slip in April, the U.S. economy has managed to stay out of a recession - barely.
"While avoiding recession is obviously a good thing, we have had two quarters in a row of substandard (six-tenths of 1 percent) growth," economist Jeff Thredgold, author of the index, wrote in the report issued Friday for Eugene-based LibertyBank.
"Very slow growth is still painful to Oregon small business owners," Thredgold said. "The good news is that ...