The Traderszone Network

Published in TZ Latest News 1 May, 2015 by The TZ Newswire Staff

Anemic U.S. factory data points to moderate growth bounce

U.S. factory activity failed to gain steam in April after slowing for five straight months and demand for automobiles softened, suggesting the economy was struggling to find momentum after growth almost stalled in the first quarter. Other data on Friday showed construction spending hit a six-month low in March, also indicating that the anticipated acceleration in growth in the second quarter could disappoint.

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