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Politics : Idea Of The Day

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To: Lee who wrote (30578)	2/2/2000 10:10:00 AM
From: Lee	Read Replies (1) of 50167

Economic Data for Wednesday, Feb. 2, 2000 New Home Sales for Dec. = +5% to 900k units census.gov Sales of new one-family houses in December 1999 were at a seasonally adjusted annual rate of 900,000 according to estimates released today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 5 (+/-9) percent above revised November rate of 861,000 but 6 (+/-10) percent below the December 1998 rate of 958,000. LEI for Dec. = +0.4% tcb-indicators.org The leading index increased 0.4 percent, the coincident index increased 0.2 percent, and the lagging index increased 0.5 percent in December. Taken together, the three composite indexes and their components show a healthy economy: -The coincident indicators show that the economy continued to expand through the end of 1999. -The leading indicators point to a continuation of the expansion during 2000. -Cyclical imbalances and related economic instability problems should be monitored for future increases. Really hard to see any slowdown coming! <g>

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