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Herbal Dietary Supplement Sales in US Increased by 7.5% in 2015

PR Newswire 09-08-16 AUSTIN, Texas, Sept. 7, 2016 /PRNewswire-USNewswire/ — Sales of herbal dietary supplements in the United States increased by 7.5% in 2015, according to a new market report by the American Botanical Council(ABC).1 In 2015, herbal supplement sales totaled an estimated $6.92 billion, a new record. The report appears in issue 111 of HerbalGram, which was published in late August. The annual Herb Market Report is based on sales statistics …

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PATRICIA MILLER – WOMEN ARE LEAVING CHURCH, AND THE REASON SEEMS CLEAR

Anew Pew Research Center analysis of General Social Survey data confirms a long-simmering trend in U.S. religious observance: While attendance at religious services has declined for all Americans, it has declined more among women then men. In the early 1970s, 36 percent of women and 26 percent of men reported attending church services weekly, a ten-point gap that reflected the long-standing …

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AMBROSE EVANS-PRITCHARD – Italy must choose between the euro and its own economic survival

Italy is running out of economic time.  Seven years into an ageing global expansion, the country is still stuck in debt-deflation and still grappling with a banking crisis that it cannot combat within the paralyzing constraints of monetary union. “We have lost nine percentage points of GDP since the peak of the crisis, and a quarter of our industrial production,” …

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Global spending on health is expected to increase to $18.28 trillion worldwide by 2040

Global inequities in health spending are expected to persist and intensify over the next 25 years, according to a new study that estimates total health financing in countries around the world. Published in The Lancet on April 13, 2016 “National spending on health by source for 184 countriesbetween 2013 and 2040” draws from a joint research collaboration between the World Bank Group …

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Mike Shedlock – Debunking the Myth “Consumer Spending is 67% of GDP”

Consumer Spending Myth It is widely believed that consumer spending accounts for approximately two-thirds of the economy. A few of us dispute that claim. Reader Gary writes “You had made the comment more than once that manufacturing is really a much larger part of GDP than is frequently quoted. I could not find how you got there, but ZeroHedge has …

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Exposing The Lie Behind The “Strong Jobs Recovery” In One Chart

With all eyes glued to Friday’s payrolls report, we thought it worth reiterating some ‘facts’ about US employment data. As ECRI notes, the sustained decline in the official jobless rate – now approaching the Fed’s estimate of “full employment” – is a misleading indicator of labor market slack. The data shows thatthe so-called jobs recovery has been spearheaded by cheap …