(Reuters) - But another report showing weaker-than-expected sales of new homes and big stocks of completed but unsold homes damped hopes for improvement in the slowing U.S. economy, despite the signs of strength in the manufacturing sector.
The pickup in March durable goods orders followed a revised 2.4 percent February gain, a Commerce Department report showed, and handily surpassed Wall Street economists' expectations for a 2.5 percent increase.
Read more at Reuters.com Business News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment