U.S. output, housing, jobs data point to slowdown

05/16/2013 | Reuters

A measure of mid-Atlantic factory activity unexpectedly slumped to minus 5.2 this month, and a sour note was struck in the U.S. housing market, with home starts plunging 16.5% in April. In another indicator of weakness, initial applications for unemployment benefits spiked up last week.

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