Business Journal Report (6-7-12)

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In business news for Thursday, June 7th, 2012 -- Summerfest is seeing strong growth in business revenue with an expected nine percent increase in business group sales and corporate sponsorships. The festival expects a total of about 85 sponsors this year.

Also, a new study shows that the arts in Milwaukee had a $300 million impact on the area as of 2010. That's a 20 percent increase from five years earlier.