A snapshot of the U.S. economy for the last six months.
The U.S. Month at a Glance (February 2006)
The U.S. Month at a Glance (February 2006)
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- Weak consumer spending and a deterioration in net exports were the main factors behind the poor fourth quarter performance.
- The fall in housing starts was in line with declines in other indicators of the housing market.
- Employment grew by 193,000 and the unemployment rate dropped to 4.7 per cent in January.
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