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Home sales put US recovery in doubt

Series: Financial Times ; 25 May 2001, 9(1)Publication details: 2001Subject(s): Summary: Figures from the US on home sales and jobless data renew doubts about the US economy and its ability to recover quickly from a slump. Sales of new homes plunged 9.5% in April, the fastest fall for four years, and weekly demand for jobless benefits rose to a six year high. More information on New Homes Sales is available at http://wwwcensus.gov/const/www/newressalesindex.html.

Figures from the US on home sales and jobless data renew doubts about the US economy and its ability to recover quickly from a slump. Sales of new homes plunged 9.5% in April, the fastest fall for four years, and weekly demand for jobless benefits rose to a six year high. More information on New Homes Sales is available at http://wwwcensus.gov/const/www/newressalesindex.html.