Data could point to softening economic growth in the U.S.

04/19/2013 | Reuters

A rise in new unemployment claims and a decrease in the Mid-Atlantic region's factory activity could point to a moderation in economic growth, leading some analysts to conclude that the economy lost momentum in March. The Federal Reserve Bank of Philadelphia also said its business-activity index fell, from 2.0 in March to 1.3 in April, meaning that the rate of business expansion in the region slowed.

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