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- Author(s): Karlgaard, Rich
- Source:
Forbes Asia. 9/4/2006, Vol. 2 Issue 14, p89-89. 1p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The article reports on U.S. economic trends as of September 4, 2006. The second quarter slowed to 2.5 percent growth. Job growth sank to the lowest levels since the third quarter of 2003, according to the Labor Department's payroll survey. Housing starts have fallen 18 percent in 2006. The Federal Reserve Board made its seventeenth straight hike in June, yet core inflation hit an 11-year high that month.
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