Exports fuel state’s business recovery

But consumer spending lagging

By Robert Gavin and Bonnie Kavoussi

Globe Staff | Globe Correspondent / August 22, 2010

E-mail|
Reprints|

Text size – +

Call it a tale of two recoveries. Fueled by strong profits, businesses around the world are spending on equipment, software, and machinery. Consumers, struggling under a weak job market, rising foreclosures, and high levels of debt, are holding back. The result: an uneven recovery that is losing momentum. (Full article: 805 words)