A snapshot of the U.S. economy for the last six months.
The U.S. Month at a Glance (May 2006)
The U.S. Month at a Glance (May 2006)
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- We expect that the strength in the U.S. economy will result in an additional 25-basis-point increase in the federal funds rate in May.
- Consumer confidence rose by 2.1 points to 109.6 in April.
- Average hourly earnings grew by 0.5 per cent in April, the largest gain since last October.
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