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mpc: 7 There continued to be little sign of the US housing market slowdown having had wider effects on the economy. Although residential construction had fallen, non-residential investment had been robust. Personal consumption growth in October had been estimated at 0.4% following a rise of 0.7% in Q3, although this strength had been supported by falling fuel prices. Survey data suggested weakening manufacturing output at the start of Q4, although non-manufacturing output growth appeared to have remained strong. Q3 GDP growth had been revised up a little to 0.5%.