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18th Aug 2022 19:44U.S., Daily Monitor

The drop in home sales will depress spending on housing-related items, but they’re only 3% of GDP.

The rebound in the Philly Fed contradicts the plunge in the Empire State index; regional surveys are noisy.

The upward trend in jobless claims has slowed, and they remain extremely low.

capex fed FOMC minutes gas prices home sales housing market jobless claims July labor labor market mortgage payrolls philly fed policy recession retail sales savings surveys

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Keywords for: 19 Aug 2022 US Monitor

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