Monthly Archives: April 2011

Healthy Consumer Sales Offsets Economic Uncertainty To Signal Potential Retail Expansion

April 15, 2011 Core retail sales rose for the 10th consecutive month in March,increasing 5.6 percent for the strongest rate of growth over any 10-month stretch since 2006. Volatility in automobile and gasoline sales suppressed the headline sales figure slightly, but the positive core sales trend, combined with greater job growth, continues to counterbalance uncertainty […]

U.S. Economy Gaining Ground, But Housing Market Remains A Drag On Broader Recovery

April 8, 2011 The U.S. economy made significant headway toward recovery in recent months, with job growth and retail consumption both charting substantive gains. Challenges in the housing market, however, remain a drag on the broader economy. Despite increased affordability, attractive mortgage rates and the strengthening employment outlook, home sales continue to languish at a […]