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Location: Nashville, Tennessee, United States

12/16/2003

Bush Boom Update
More good economic news today as the Bush Boom gathers momentum. Among the positive data: a report that showed a bigger-than-expected rise in industrial output; another that showed lower-than-expected consumer price inflation as the cost of energy, clothing lodging and furniture all fell, pushing inflation to a nearly 38-year low; and a strong rise in housing starts.