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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (74683)	12/1/2006 10:50:53 AM
From: CalculatedRisk	Read Replies (1) of 110194

The key part of the construction report this AM was that nonresidential construction spending declined for the 2nd month. One of the hopes for a soft landing was nonresidential investment would cushion the blow from the housing bust ... see graph here: October Construction Spending calculatedrisk.blogspot.com

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