Key economic events for the week of Aug. 15
http://dervishcom.blogspot.com/2011/08/key-economic-events-for-week-of-aug-15.html
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In these volatile times, the data being released this week are likely to be scrutinized even more than usual for signs of whether the U.S. economy is rumbling along with continued growth or slipping back into recession.
Data on housing starts and industrial production are released. Economists expect housing starts to have fallen 4.6 percent in July, reflecting continued woes in the housing sector. With a continued overhang of foreclosed-on homes and soft prices, it is thought that builders began work on new homes at only a 600,000 annual rate, half the 1.2 million-plus new households that are formed when the economy is growing normally.
Zachary A. Goldfarb 15 Aug, 2011
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Source: http://feeds.washingtonpost.com/click.phdo?i=c93299a46ad222da1322a426a148bc5c
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