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    “Businesses are still cutting back on fixed investment and staffing, though at a slower pace,” the Federal Open Market Committee said in a statement today after meeting in Washington. "Activity in the housing sector has increased over recent months." The S&P 500 advanced as much as 1.5 percent in morning trading after Institute for Supply Management’s report on non- manufacturing businesses showed 1.4 percent growth in new orders and a 2 percent increase in the backlog of orders. Full Article at Bloomberg.com
    Activity in the housing sector has increased over recent months.
    SOURCE: Bloomberg.com 1 month ago