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UPDATE 1- EnPro Industries Q4 beats Wall Street estimates
Reuters: Industrials
Thu, 9 Feb 2012
Feb 9 (Reuters) - Industrial products maker EnPro Industries Inc's fourth-quarter results topped market estimates after its sales were boosted by acquisitions.
A depressed housing market has capped job growth thus far, but ultimate improvement there could help extend the recovery longer than usual, says Morningstar's Bob Johnson.
The U.S. is particularly well situated compared with almost any other economy in the world right now, says Morningstar's director of economic analysis. These four factors should push 2012 GDP growth ahead of 2011's rate.