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In The News:

U.S.

Real Gross Domestic Product Up 4.2% in 2Q

Real GDP increased after decreasing 2.1 percent in the first quarter.
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Construction Employment Increases in 223 Metro Areas

Twenty-five percent of firms report turning down work due to labor shortages.
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MAPI Quarterly Forecast: Steady Growth but Surge Unlikely

Industrial sector to fully recover by end of 2014.
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New Orders for Manufactured Durable Goods Up 22.6% in July

Increase due to a surge in new orders for nondefense aircraft and parts, according to MAPI.
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Chicago Fed National Activity Index Up in July

Employment-related indicators contributed 0.13 to the CFNAI in July, down from 0.26 in June.
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Risk-Aversion Keeps Economy from Growing Faster

MAPI: Confidence is high, but consumers and businesses want to avoid debt-driven growth.
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Conference Board Leading Economic Index Increases in July

Stronger economic growth expected in the coming months by Conference Board economists.
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July Housing Starts Up 8.1% from June

Single-family starts were up 0.9 percent from June.
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Wholesale Prices Up 0.1% in July

Increase driven by indexes for final demand services.
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June U.S. Cutting Tool Consumption Up 7.3% from May

U.S. cutting tool consumption up 9.9 percent year-over-year.
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