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NY Fed: Weekly Economic Index (WEI)

US

NY Fed explains the latest WEI decline to 0.64% from 1.30% the week prior " is due to falls in steel production, tax withholding, and fuel sales, which more than offset increases in retail sales, consumer confidence, and railroad traffic, and a decrease in initial unemployment insurance claims. Electricity output was not updated due to data unavailability."

NY Federal Reserve/MNI

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