Bloomberg News

Brusuelas Says U.S. Housing Supply Hurting Recovery

July 25, 2012

July 25 (Bloomberg) -- Bloomberg economist Joseph Brusuelas talks about June U.S. new-home sales data released today. Purchases decreased to a 350,000 annual rate, down 8.4 percent from the prior month and the weakest since January, the Commerce Department reported in Washington. (Source: Bloomberg)

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