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  • Recession is getting stronger.

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Recession is getting stronger.

Government data confirms the economic recession is getting stronger. Consumer spending is down. Durable good orders fall again. Mortgage applications continue to surge. US bank Regulators are close to a deal to sell IndyMac.

Reuters | December 24, 2008Watch more videos from Reuters

Tags:. .indymac. .durable. .regulators. .surge. .stronger











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