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Scuppered

…General Electrics, Kochs, Armand Hammers, coal industry, …, didn’t. The Lockheeds, Boeings, and Douglases said the only good spending was defense spending. And so began the cutting of all budgets…

April’s Producer Data

…for services less trade, transportation, and warehousing services was 0.5% higher. Among trade services, seasonally adjusted margins for fuels and lubricants retailers rose 8.4%, margins for cleaning supplies and paper…