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Published byBeverly Flynn Modified over 9 years ago
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The Housing Industry Commercial real-estate fell 7.6% in May 2009 Both dollar volume and transaction count reached record lows The indexes are down 29% from a year ago and 35% from Oct. 2007 peak In April it dropped 8.6% This makes a two month decline of 16%
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Banking Industry More banks have failed in the last couple months than in all of 2008 As of Sept. 23 2009 119 banks and counting have failed
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Banking Failures
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Automotive Industry
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Unemployment Rates form August 2008 & August 2009 2008 2009 Alabama 5.2%10.4% California 7.6%12.2% District of Columbia 7.2%11.1% Kentucky 6.7%11.1% Michigan 8.6%15.2% Montana 4.6%6.6%
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Unemployment Rates Without Recovery act, and Projected Actual
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Free Enterprise!!!!
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Citations Wallstreetjournal.com Wiki.answers.com/Q/what year did general motors start Google.comCNN.comGoogleimages.comCSNBC.com http://www.swamppolitics.com/news/politics/blog/obama%20with%20mic%20jan%2018%202008.jpg http://juicyestates.com/files/2009/01/foreclosure-for-sale-sign-with-house-drop.jpg http://www.fdic.gov/about/strategic/corporate/cfo_report_4qtr_08/image/bank_failures_by_state. gif http://www.fdic.gov/about/strategic/corporate/cfo_report_4qtr_08/image/bank_failures_by_state. gif http://www.bloggingstocks.com/2009/04/13/77-billion-more-to-bail-out-bankrupt-gm/
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