Housing and employment data point to strengthening U.S. economy

05/24/2013 | Reuters

Labor and housing data suggest the economy is slowly but steadily recovering. The Labor Department said initial jobless claims last week decreased 23,000, to a seasonally adjusted 340,000. The Commerce Department said sales of new single-family homes increased 2.3% in April. The median price rose 14.9% compared with April 2012.

View Full Article in:

Reuters

Published in Briefs: