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U.S. economy tepid in early second quarter, but jobs market resilient

2015-05-22 11:46:28| Real Estate - Topix.net

The U.S. economy was on a modest growth path early in the second quarter with home resales falling in April and manufacturing activity on the backfoot in May, although the labor market continued to tighten. Growth is struggling to rebound strongly after slumping at the start of the year, weighed down by bad weather, a strong dollar, port disruptions and deep energy spending cuts.

Tags: jobs market early economy

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