Encouraging news on economy
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A Federal Reserve report painted a generally positive picture of an expanding economy Wednesday, while noting that in some regions, including California and neighboring states, &quot;growth had moderated somewhat.
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One analyst expects to evidence of stable economic growth this week, confirming his rosy outlook for the economy and the stock market.
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Housing construction in August jumped to its highest level in five months, a dose of encouraging news for the economy&#39;s expansion.
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A spokesman for China&#39;s National Bureau of Statistics (NBS) said in Beijing Friday that the 9.7 percent increase of consumption in the first three quarters this year is &quot;encouraging&quot;.
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In one area at least, the new economy is delivering on its promise.
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Better yields on Treasury bills and a lack of 'blowups' recently give investors encouragement.
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Holiday sales data and a jobs report this week will provide the first glimpse of the economy's health going into 2005, and could give another boost to the end-of-year stock rally, analysts said.
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A spate of encouraging economic data released in Germany this week appears to back up the belief that the current lull in activity in the eurozone's biggest economy will prove only temporary, analysts said.
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The fact that the Fed is poised to raise interest rates once again signals that the economy may be reviving.
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With the Republican National Convention just two weeks away, signs are pointing to a modest economic boost for few businesses.
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Stocks rose yesterday as reports on personal income, consumer confidence and durable goods suggested the economy may sustain above-average growth through next year.
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Business & money: Upbeat White House tries to talk up economy as oil price falls back  from record highs
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The key to maintaining economic stability is well-placed confidence in the markets. Bubbles, by contrast, result from misplaced confidence.
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It has been a quiet day in terms of data releases, although Friday&#39;s stronger-than-expected GDP data gave a boost to the pound.
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Although economists have mixed opinions whether the economy has emerged, most believe it is in good enough shape for the Fed to boost rates.
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One of the hardest economic indicators to measure is the public mood. But it matters a lot, and that mood can be affected by media coverage of the economy, according to an economic paper from the Federal Reserve
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WASHINGTON - The economy got a double dose of encouraging news Friday as wholesale prices fell and moderating energy costs helped improve the nation&#39;s trade deficit.