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Amherst Pierpont chief economist......>

US DATA REACT
US DATA REACT: Amherst Pierpont chief economist Stephen Stanley said today's US
ECI for Q2 "slid back to a 0.5% advance after Q1's 0.8% jump. The 12-month rise
held steady in June at 2.4%. The ECI's reputation is that it virtually never
moves much and despite the occasional blip, as we saw in Q1, this reputation is
well-deserved."

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