Home sales improved during May while forward-looking economic indicators suggest moderate economic growth during the rest of this year.
Q1 GDP Growth Revised From Weak to Tepid: May 22 – 26
The U.S. economy expanded at a tepid pace in early 2017 while the housing market paused in April.
Manufacturing Rebounds in April, Leading Indicators Point Up: May 15 – 19
Manufacturing output bounced up in April, led by a boost in automobile production. Leading indicators suggest economic growth in the coming months.
