Signs the economy may be slowing enough for a second Fed rate cut:
By Staff -- Purchasing, 10/18/2007 2:00:00 AM
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Housing construction fell 12% in the second quarter, a sixth quarter of declines.
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The U.S. economy shed 4,000 net jobs in August.
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Factory payrolls slid by 46,000, the most since July 2003.
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The National Association of Realtors' index of pending home resales fell 2.1% to its lowest since record keeping began in 2001.
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Sales of new, single-family homes dropped 8.3% in August, its lowest rate in seven years.
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