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Manufacturing Outlook Remains Positive
Manufacturing surveys from the New York Fed and the Philadelphia Fed both showed mixed results overall in November, with many components posting small declines. However, both surveys showed improvement in the current-new-orders index and expectations for new orders six months ahead.
READ MORETaylor Swift Knows Scarcity Drives the Price
There’s an economic lesson we can learn from how pop superstar Taylor Swift sells her music: she hypes it up, then makes it scarce.
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