(Bloomberg) -- Orders for durable goods in the U.S.
rose for a third month in April and sales of new homes held near
a seven-year low, a reminder that housing remains the economy's
weakest link, reports today may show.
The Commerce Department will report that new home sales
rose to an annual rate of 860,000 from 858,000 the prior month,
according to the median estimate in a Bloomberg survey of 72
economists. A separate Commerce report will show orders for
goods made to last several years increased 1 percent after a 4.3
percent jump, according to the survey median.
Read more at Bloomberg Currencies News
rose for a third month in April and sales of new homes held near
a seven-year low, a reminder that housing remains the economy's
weakest link, reports today may show.
The Commerce Department will report that new home sales
rose to an annual rate of 860,000 from 858,000 the prior month,
according to the median estimate in a Bloomberg survey of 72
economists. A separate Commerce report will show orders for
goods made to last several years increased 1 percent after a 4.3
percent jump, according to the survey median.
Read more at Bloomberg Currencies News
No comments:
Post a Comment