WASHINGTON -- New home sales rebounded more than expected in July, but consumer confidence slipped in August rather than holding steady as analysts had anticipated, according to two reports released yesterday.

Despite sending somewhat mixed signals, the reports when added to other recent figures indicate that growth is likely to slow in the second half of the year relative to the first half, economists said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.