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LATEST US DATA

April factory activity growth slows to three-month low

Jobs growth also weakens; new-home purchases slump more than forecast in March from a seven-year high
Friday, April 24, 2015 - 05:50

New York

GROWTH in the US manufacturing sector dipped more than expected in April, with factory activity showing the slowest momentum since January, according to an industry report released on Thursday.

Financial data firm Markit said its preliminary US Manufacturing Purchasing