A Bad Turn

Friday, January 30, 2009

NEW-HOME SALES

14% drop from November to December.

45% drop from one year ago.

JOB CUTS ANNOUNCED YESTERDAY

4,500 from Eastman Kodak,

a fifth of its workforce.

6,000 from drugmaker AstraZeneca.

CONTINUING UNEMPLOYMENT CLAIMS

4.8 million for the week ended Jan. 17, the highest level since recordkeeping began in 1967.


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