U.S. Month at a Glance: August 2010

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U.S. Month at a Glance: August 2010

Global Economic Analysis

Author: Christopher Beckman

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Second quarter gross domestic product numbers confirmed that the U.S. economy is slowing down from the growth recorded in the two previous quarters. In other developments, the housing market continues to feel the impact of the elimination of the homebuyer tax credit and consumer confidence remains fragile.

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A snapshot of the U.S. economy for the last six months.

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