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October 14
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THE TWO FACES OF JOBS AND SPENDING |
Private job gains are slowing but government jobs a +; No Matter, the Unemployment Rate Will Move Ever Lower; Consumers Expect Fewer Job Losses But Fewer Gains, Too; Income Expectations Stable But Spending Plans Slow; Vehicles Are the Mover of Retail Sales. If They fall Will Other Spending Be Helped or the Total Slowed?; Lower Prices Hurt Retail Sales, But Even Real Spending is Weak
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