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To: Jim Willie CB who wrote (50495)4/25/2002 1:15:13 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Excellent points Jay double ewe.......



To: Jim Willie CB who wrote (50495)4/25/2002 1:41:13 PM
From: Mannie  Read Replies (2) | Respond to of 65232
 
I think you missed it JW..look at the cartoon again..

The point is that the other Arabs are using them.



To: Jim Willie CB who wrote (50495)4/25/2002 5:48:57 PM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
Chicago Fed sees move to recovery

April 25, 2002

(Reuters)—The Federal Reserve Bank of Chicago said Thursday the U.S. economy appeared to be growing at its potential in March as a gauge of economic health broke a string of 20 straight negative readings.

The regional Fed bank said the three-month moving average of its National Activity Index registered +0.03 in March, the fourth consecutive monthly improvement and the first positive reading since June 2000.

``The steady improvement of the (index) to a small positive value is a strong indication ... the national economy has returned to trend growth,'' the Chicago Fed said.

The three-month average smoothes out fluctuations in the month-to-month measure, which came in at +0.06 in March, slightly below an upward revised +0.08 in February.

While expressing optimism the economy had reached trend growth last month, the Chicago Fed stopped short of declaring an end to the recession that began in March 2001—a role that falls to the private-sector National Bureau of Economic Research.

``The U.S. economy appears to be moving toward recovery,'' the Chicago Fed said. ``However, it remains unclear whether the economy has emerged from the recession.''