Jul 16

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The Labor Department reported Wednesday that consumer prices jumped 1.1 percent in June, marking the fastest rise in more than a quarter century and fueling further concerns over inflation levels in the jittery U.S. economy.

After many years of unprecedented growth, the housing industry's fortune is changing as various indicators show a significant downturn in the market. Economics correspondent Paul Solman investigates what the shifts in the housing market may mean for economic growth.

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