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More disappointment, but no change in the trend or the fundamentals
Homebuilders are enjoying lower rates
Head-scratching numbers kill March stone dead, and threaten May too
Tentative signs that manufacturing is past the worst.
Likely weather-depressed; trend uncertain but very low
Startling, but not definitive.
U.S. Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence