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Manufacturing remains in contraction, with construction on the brink

  - by New Deal democratThis month we started the month with not just the usual two important reports on the leading sectors of  manufacturing...

The Bonddad Blog: Production turns more negative

  - by New Deal democratIndustrial and manufacturing production slid further in October, by -0.3% and -0.5% respectively. They are also down respectively -1.2% and...

What to look for if housing construction does forecast a recession

  - by New Deal democratNo data today, but since it is mainly a housing week, let me pick up on a topic I discussed...

Real personal income and spending for October were all good; no special cause for concern yet about inflation

  - by New Deal democratLet me finish catching up this week with a quick look at personal income and spending, which were reported on...

The Bonddad Blog: Jobless claims: seasonality strikes again

  - by New Deal democratAs is so often the case this time of year, seasonality likely played havoc with this week’s new jobless claims....

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