U.S. home sales, manufacturing stumble; job market resilient

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Firmer home sales. “The job market’s tightening, we’re starting to see some glimpses of an acceleration in wage growth, and all that bodes well for the non-manufacturing part of the economy.” The.

By Lucia Mutikani. WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity hit its lowest level in.

U.S. Home Sales, Manufacturing Stumble; Job Market Resilient More FILE PHOTO: A new apartment building housing construction site is seen in Los Angeles, California, U.S. July 30, 2018.

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It’s happening in a lot of industries, and many traditional jobs are likely to disappear within the next decade. According to a report conducted by Washington think tank the Brookings Institution, 25%.

Retail sales, however. formally sending the manufacturing sector into a contraction. But services are resilient. Although the jobs market is modestly weaker, it’s still showing a steady.

Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity hit its lowest level in almost a decade in May, suggesting a sharp.

Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity slowed to its lowest level in nearly a decade in May, pointing to a.

Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity hit its lowest level in almost a decade in May, suggesting a sharp slowdown in economic growth was underway. Labour market strength should support the economy, which is cooling

Resilient domestic sales. manufacturing industries — is in full swing as job growth and mortgage costs close to multiyear lows stoke demand and spur construction. Conditions are better for.

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Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity hit its lowest level in almost a decade in May, suggesting a sharp slowdown in economic growth was underway. Labor market strength should support the economy, which is cooling