A snapshot of the U.S. economy for the last six months.
The U.S. Month at a Glance (September 2005)
The U.S. Month at a Glance (September 2005)
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- Katrina will not push the economy into recession, as the underlying fundamentals remain strong.
- We expect weaker job and income growth as well as softer production for the rest of 2005 due to Katrina.
- The economy created 169,000 new jobs in August, and July’s gains were revised up to 242,000.
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