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Economy

Housing Slump Brings U.S. Economy Down;Manufacturing Stalls

by Charles Feldman | November 1, 2006

Bad news overall for the U.S. economy and mostly due  to weak construction spending and weak home sales, according to a report Wednesday by Reuters News Service.
According to the report, U.S. manufacturing growth “came close to stagnating” last month and experts are saying this downturn is housing led.
Figures reported by Reuters are telling: “U.S. construction [...]

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