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America: The World’s Least Worst Economy

Business Insider (06/25/12)

Economic data released during the week ended June 22 showed some improvement from the prior week’s reports, with housing permits hitting a more than three-year high, contributing to a jump in the index of Leading Economic Indicators to 0.3. The Philladelphia Fed Index dropped to -16.6, which is an improvement over the -30 reading seen nine months ago. Moreover, the ASA Staffing Index, which leveled off during the past two months, climbed to 93 for June.