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    <title>St. Louis Fed - Economic Synopses</title>
    <link>http://research.stlouisfed.org/publications/es/</link>
    <description>Federal Reserve Bank of St. Louis Economic Synopses - Short essays and reports on the economic issues of the day.</description>
    <language>en-us</language>
    <ttl>30</ttl>
    <copyright>Copyright 2013 Federal Reserve Bank of St. Louis</copyright>
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    <pubDate>Fri, 03 May 2013 00:00:00 CDT</pubDate>
    <lastBuildDate>Fri, 03 May 2013 00:00:00 CDT</lastBuildDate>
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      <title>The Great Chinese Housing Boom</title>
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      <description><![CDATA[by Brett W. Fawley and Yi Wen. Significant store-of-value demand for housing suggests a bubble that could burst, especially when both the household income growth rate and the savings rate start to decline and capital controls in China start to relax.]]></description>
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      <title>Winners and Losers in the Great Recession</title>
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      <description><![CDATA[by Fernando M. Martin. For a significant number of industries - representing roughly a quarter of the U.S. economy - the most recent recession has been business as usual when judged by pre-recession trends. For a slightly larger group of industries, mostly related to construction, manufacturing, and trade, the contractions have been severe, reinforcing a preexisting process of steady relative decline.]]></description>
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      <title>The Macroeconomy of the U.S. States: On the Road to Recovery?</title>
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      <description><![CDATA[by Carlos Garriga. Despite the recent recovery in house prices, most state economies have yet to recover from the Great Recession.]]></description>
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      <title>Lessons from the Recent Recession: The Faster They Grow, the Harder They Fall</title>
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      <description><![CDATA[by Fernando M. Martin. U.S. gross domestic product (GDP) contracted significantly and persistently during the recent financial crisis and recession. Lessons can be learned from comparing the U.S. experience with that of other industrialized countries.]]></description>
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