Here’s some good economic news. The U.S. economy is performing well by comparison to many western industrialized countries. 'First time weekly claims for unemployment insurance' fell again and are remarkably low. Existing home sales rose 1.5% and are at their highest level of the year. In addition, the Philadelphia Fed Manufacturing Index hit its highest level since 1993. So, there is a lot of manufacturing going on, all while inflation remains level. Several positive signs for economic recovery.
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