Economics
Labor Market, Housing in U.S. Strengthen Into 2013: Economy
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The labor market and housing strengthened, signaling the U.S. expansion may withstand the fiscal impasse.
“The economy is holding up just fine right now,” said Neil Dutta, head of U.S. economics at Renaissance Macro Research LLC in New York. “Folks that are thinking there was going to be some cataclysmic economic shock to close out the year, I don’t think that’s right.”