Pantheon Macroeconomics
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Yet another sign growth in payrolls is slowing sharply.
Large fall is likely an Easter timing quirk; the trend still looks flat.
Core prices back on track; real after-tax income growth slowing sharply
Starts data are noisy, but a modest housing recovery is underway.
Probably an overshoot, but a steady increase in single-family starts lies ahead.
The recovery in construction activity is stalling, for now.
Unit labor costs consistent with the inflation target, if sustained
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