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IPFS News Link • Economy - Economics USA

ECRI Declines, Passes Below "Double Dip" -10% Threshold Again

• ZeroHedge.com
 
The ECRI Leading Indicator Index just came at -10.1%, a drop from last week's -9.9%, once again inflecting into double dip territory. One can only imagine what the spin proffered by the index creators will be this time: it was suddenly very credible last week, hopefully that credibility persists as it reaffirms a definitive double dip yet again.

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