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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Lizzie Tudor who wrote (49276)6/24/1999 1:54:00 PM
From: BGR  Read Replies (3) of 86076
 
Michelle,

Excluding transportation effects, durable goods purchases were lower than expected. Nationwide, real estate prices are up at about 4-5%/year for the past 3-4 years. Things look different in pockets like NYC and the Silicon Valley. But, there is no rampant run off in inflation on a national level.

-BGR.
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