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Economic Statistics for 2 Apr 12

The following statistics were released today on the state of the US economy:

The ISM Manufacturing Index rose by one full point to 53.4 in March. A reading above 50 generally indicates the economy is expanding.

Construction spending was weaker than expected, falling -1.1% in February, though that was still 5.8% higher than the year-ago level.

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Dale Franks
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