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Another Spring Slowdown?

The latest batch of economic indicators released on Thursday is likely to bolster concerns that the U.S. economy is in jeopardy of succumbing to yet another spring slowdown.While it's too early to jump to any definitive conclusions, the four reports all came in softer than economists had projected, revealing a tumble in U.S. housing starts, an energy-fueled drop in consumer prices, an unexpected contraction in regional manufacturing activity and a surprise jump in jobless claims."All of the data on the economic side underscore that it's a challenging time for the economy right now. We've definitely seen a loss of momentum in the spring," said Michelle Girard, senior economist at RBS (NYSE:RBS).But other economists expressed skepticism, especially given volatility in the data and expectations for a far gloomier 2013 due to the fiscal cliff and sequestration."I wouldn't make too much of it. The economy seems to be doing, on balance, better in the second quarter than people would have tho...

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