Manufacturing gauge drops to 2-1/2 year low

Started by Reuters, Aug 19, 2011, 03:02 AM

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Reuters

Aug 19, 2011, 03:02 AM
WASHINGTON (Reuters) - Factory activity in the U.S. Mid-Atlantic region slumped to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, dampening hopes for a quick revival in economic growth.

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