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Economic recovery losing steam in Q4

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Real GDP rose at 4.0% annual rate in Q4. Output still 2.5% below pre-recession level. LEI points to continued, but slower, recovery in 1H 2021. New home sales rise at yearend. Jobless claims decline, although level still worrisome. Consumer comfort up.

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

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