Policy Threats to Our Sustained Recovery

Published February 20, 2010 5:00am ET



 

So all is coming right. Sales of existing homes in the final quarter of last year were 27.2 percent above the 2008 level. Home construction jumped 2.8 percent in January, to its highest level in six months. The mining, manufacturing and utilities sector also grew at satisfactory rates as did retail sales, and several companies reported profit growth in excess of what markets were expecting.

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