Relatively speaking, last week featured solid if not particularly spectacular economic data on both housing and manufacturing.
Bounce in Housing, Economic Activity Wobbles: What We Learned During the Week of April 18-22
Economic activity remained slow in March, even though existing home sales bounced back.
Spark in Manufacturing Activity, Pick Up in Core Consumer Prices: What We Learned During the Week of February 15-19
Manufacturing had its largest single-month increase in activity since last summer (although the sector remains weak) while core consumer prices continue to pick up.
