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Growth eased in June, but 2H outlook still strong

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CFNAI and state coincident indexes show slower growth in June, but minimal recession risk. Leading indicators point to a strong expansion in 2H 2021. Existing home sale rebound. Architecture billings trend bodes well for the commercial construction outlook. Surprise increase in initial jobless claims. Consumer comfort continues to weaken.

Ned Davis Research | Economics | U.S. Daily Economic Perspectives | Daily

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