Producer Confidence, Stained Canadians, Etc.

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When the U.S. economy was sliding into recession, a gap opened between consumers and business leaders: The former remained upbeat for quite a while, even as the latter slammed their corporate wallets shut. Will the reverse be true now that the economy is regaining momentum? Consumer-confidence numbers spent much of the first quarter of 2004 going to hell in a handbasket. At the same time, executives have been getting more optimistic. The Conference Board’s measure of CEO confidence “surged” in the first quarter, reaching its “highest reading in 20 years.”

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