Posted: Jul 15, 2010 9:04 AM by Bea Karnes, News First 5
Updated: Jul 15, 2010 9:05 AM
The latest economic reports contain new signs that the recovery remains tepid.
Regional manufacturing indexes in New York and Philadelphia plummeted this month, but a national report showed modest growth in industrial output nationwide.
The government also reported that first-time claims for unemployment benefits fell, but that was largely because of seasonal factors.
Mortgage rates remain at record lows.