Tuesday, May 1, 2009

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weekly economic
commentary 09/15/14

With a nod to General Motors, what’s good for consumers is good for the economy. Indeed, households appear to be functioning on more cylinders these days, notwithstanding last week’s disappointing jobs report for August. If anything, more recent data suggest that the initial estimate of nonfarm payrolls for that month will be revised up in the September report.    

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