Getting your player ready...
Washington – Manufacturing in the U.S. is showing signs of revival, while the housing slump that’s held down economic growth for the past 18 months persists, reports Tuesday showed.
The Institute for Supply Management’s factory index rose to 54.7 in April, the highest in almost a year and more than economists predicted. An index of pending sales of existing homes unexpectedly fell 4.9 percent, the National Association of Realtors said.
The factory report showed a jump in orders and jobs.
