Economic growth during the 1st 3 months of 2016 was abysmal, but last week also gave us good news on manufacturing, the housing market and consumer sentiment.
Existing Home Sales, Housing Starts Grow: What We Learned During the Week of May 16 – 20
Relatively speaking, last week featured solid if not particularly spectacular economic data on both housing and manufacturing.
Job Creation and Consumer Goods Imports Both Slow: What We Learned During the Week of May 2 – 6
April was the slowest month in 2016 for job creation while the trade deficit shrinks in the face of weakness in consumer goods imports.
