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2009 won't be as bad as awful fourth quarter.

Publication: Metal Center News
Publication Date: 01-FEB-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: 2009 won't be as bad as awful fourth quarter.(FROM THE EDITOR)

Article Excerpt
LET'S TRY TO PUT THE CURRENT CRISIS IN perspective. The U.S. economy and the metals market are facing some serious challenges, but the disastrous fourth quarter does not necessarily signal a similarly disastrous 2009.

The numbers are certainly worrisome. Earlier this month, alarming news about the nation's labor market added fuel to everyone's fears. Nonfarm payroll fell by 598,000 in January, raising the unemployment rate to 7.6 percent. Since the start of the recession in December 2007, job...

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