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In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Consumer confidence remains largely unchanged in April as consumers await more jobs and lower gas prices
- GDP increased by annual rate of 2.2% in the first quarter of 2012 according to advance estimate
- Gross domestic purchase index rose by 2.4% in the first quarter of 2012, up from 1.1% the previous quarter
- Wages rise by 1.9% for 12-month period ending with March 2012
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