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Home sales, durables data point to economic stall

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03-26-2008, 08:39 PM

Home sales, durables data point to economic stall

Reuters

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WASHINGTON (Reuters) - Sales of new U.S. single-family homes fell to the slowest pace in 13 years while orders for durable goods tumbled unexpectedly last month, according to government data that added to signs the economy has stalled.

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