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In The News:

Economic Trends

4 Factors Drive Down Economic Forecast

MAPI lowers financial forecast to just 2.4% GDP growth in 2015.
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MAPI Report: U.S. Deficit Rises 30% in 1Q

U.S. and China manufactures trade continue in opposite paths.
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Canadian Wholesale Sales Increase 0.8% in March

The building material and supplies subsector recorded the largest increase.
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Canadian New Housing Construction Investment Up 4.2% in March

Apartment and apartment-condominium buildings led increase, rising 7.5 percent.
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Conference Board Leading Economic Index Increases in April

Coincident Economic Index and the Lagging Economic Index increased 0.2 percent and 0.1 percent, respectively.
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Chicago Fed National Activity Index Increases in April

The index’s three-month moving average increased to -0.23.
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March Construction Production Rises in Europe

Production in the construction sector rose by 0.8 percent in EA19 and 1.5 percent in EU28.
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HARDI Distributors Report 14.4% Sales Increase in March

Annualized growth through March is 5.9 percent.
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April Housing Starts Increase 9.2% YOY

Privately owned housing starts up 20.2 percent compared with March.
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Industrial Production Down 0.3% in April

Manufacturing output was unchanged for the month.
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