Sales of new single-family homes rose 3.6% in July from June to an
annualized rate of 372,000 units. Analysts were expecting an annualized
rate of 365,000 units.
U.S. Manufacturing PMI rose to 51.9 in August from 51.4
in July, the first monthly increase in five months. Readings over 50
point to expansion while readings below 50 indicate contraction.
Source: Fox Business
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