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Unformatted text preview: Conference Board’s index rose last month. The biggest drivers of the increase in the index were building permits, the spread between short-term and long-term
interest rates, and an increase in new manufacturing orders, according to a survey by the Institute for Supply
Management. The economy “is growing modestly, neither losing nor gaining momentum,” said Ken Goldstein, an
economist at the Conference Board, a business research group. “The result is more of a muddle through.” UQ: Economy on Brink Now
An economic slowdown is coming but the US will narrowly avoid another recession
Bloomberg News June 5, 2012 [“US economy’s repeat pattern has a silver lining,”
WASHINGTON — The U.S. economy looks set to deliver a repeat performance in 2012: For the third straight year, it may
suffer a swoon yet not slip into a recession. "I don't think the slowdown will be any more consequential than the past
two years," said John Ryding, a former Federal Reserve researcher who is chief economist at...
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