Unemployment applications trending lower and factories are growing; housing remains weak

WASHINGTON — The economy appears slightly healthier than many had feared it was a few weeks ago, raising hopes that it can end the year on an upward slope. A raft of data Thursday show layoffs are trending down to a six-month low and factories in the Mid-Atlantic are growing again after contracting for two months. Nevertheless, home sales fell and the housing market is expected weigh on the …

Unemployment applications trending lower and factories are growing; housing remains weak

Posted by on October 20, 2011. Filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.