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Early slowdown signs emerge for U.S. oil states after crude slide

2014-12-15 10:53:25| Real Estate - Topix.net

After leading the U.S. economic recovery out of recession, some of the nation's top oil states are showing early signs of a slowdown as a result of the plunge in crude prices. In Houston, Texas, the first oil industry layoffs have been announced, with realtors there predicting a sharp decline, up to 12 percent, in home sales next year.

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