The June Ceridian-UCLA Pulse of Commerce Index shows much of the country bouncing back nicely from two bad months, suggesting the dreaded "soft patch" may indeed be no more than that. The index's researchers say their data suggest second-quarter GDP growth will come in at 1.8 percent, the same as Q1's growth. "In other words, expect 'she loves me not' when the GDP numbers are released on July 29, 2011," they said.
The news for the four-state region that includes Tennessee isn't as good. After being the fastest-growing area in May, it was the only region to shrink last month.
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