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Rising food, housing costs push up U.S. inflation
date:Apr 16, 2014
ll economy unless wages rise in tandem, said Jay Morelock, an economist at FTN Financial in New York.

HOUSING STRUGGLES

Despite firming domestic demand, housing is struggling and manufacturing activity continues to be lackluster.

Another report on Tuesday showed confidence among homebuilders remained dour in April. The NAHB/Wells Fargo Housing Market index rose only a point to 47.

Readings below 50 mean more builders view market conditions as poor than favorable, and April's reading was the

12/25 04:51