(Reuters) - WASHINGTON, June 26 - U.S. new home sales in May
fell more than expected while consumer confidence in June hit a
10-month low amid worries about jobs and the business climate,
adding to signs of sluggish economic growth this year.
"These are numbers that are consistent with a slowing down
in activity, a moderation on the consumption side," said Steven
Wieting, an economist with Citigroup Global Markets, Inc., in
New York.
Read more at Reuters.com Economic News
fell more than expected while consumer confidence in June hit a
10-month low amid worries about jobs and the business climate,
adding to signs of sluggish economic growth this year.
"These are numbers that are consistent with a slowing down
in activity, a moderation on the consumption side," said Steven
Wieting, an economist with Citigroup Global Markets, Inc., in
New York.
Read more at Reuters.com Economic News
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