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A Frightening Omen for the U.S. Housing Market

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The Frightening Collapse of American Manufacturing Continues

The erosion of America’s manufacturing sector intensified at the end of the third quarter, as industrial production posted a steep drop month-over-month. While some of the decline was attributed to temporary factors like the General Motors strike, the downturn is part of a much broader trend that has intensified in the wake of the U.S.-China…