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Tuesday, December 07, 2004
In which direction is this economy headed?
Didn't the President say that this was the greatest economy in American history? Whatever happened to that?
The U.S. economic outlook dimmed somewhat on Tuesday after reports said business productivity grew more slowly in the third quarter than first estimated, labor costs rose and other indicators signaled softening activity.Link.
Chain store sales fell in the crucial shopping period after Thanksgiving, planned job cuts climbed during November and a survey of consumer confidence waned in possible pointers that the economy tempered its pace in the final months of the year.
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