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Economics This Week’s Data April housing starts fell 12.8% versus expectations of a 4% increase; likewise, April building permits declined 3.3% versus estimates of a 5% rise. http://www.calculatedriskblog.com/2009/05/housing-starts-at-record-low-in-april.html Other Robert Samuelson on the deficit...
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Economics This Week’s Data The New York Fed’s February manufacturing survey plunged to -34.7 versus expectations of a -24.0 reading and January’s report of -22.2. http://econompicdata.blogspot.com/2009/02/empire-manufacturing-survey...