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                July 31
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                THE EXPECTED & THEUNEXPECTED             | 
            
                
 
 
 Wages and salaries revised down to only 2.9% growth; ECI more favorable  but no big acceleration; household growth tumbles but homeownership up slightly; Travel gets no boost from easing prices;  Home sales and prices have peaked;  Mortgage apps no longer rising, refi's have flatlined 
 
 
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                July 31
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                THE EXPECTED & THEUNEXPECTED             | 
            
                
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                July 25
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                HANDOUT             | 
            
                
HANDOUT
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                July 12
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                JOBS FOR ALL?             | 
            
                Employment/Population Ratios Move Up; 2Q Payroll trends vs. Year Ago; Surprising Rise in Workweek; Population Growth Lowest Since 1970's;  Credit Unions Gain Share as Banks Reduce Lending; Spending Plan Direction Unclear             | 
        
        
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                July 5
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                WHICH WAY NOW?             | 
            
                Real Spending Slower Despite Income  gains; Strong March Helps 3 Month Trend; Prices Easing, but Not Enough; Consumer Vehicle Gains Outpace Industry; Poor Start to summer fo Travel Industry; Not Enough Housing, or Rosy Population Estimates?              | 
        
        
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