Europe Continues To Be The Real Problem
The United States has so many problems right now it is difficult to name them all. But as bad as things are here, Europe continues to “outperform”.
Although recent April job gains have slowed down, the economy continues to expand at a slow pace.
According to the BEA report, the numbers for March do not look bad, but they could be better.
Overall, the indicators impacting the GDP growth rate continued to show mixed signs.
Although progress has been made, it is still premature to declare victory with signs of the US economy continuing to improve.
Many professionals agree that in order to have a strong and healthy economy, the new home sales numbers need to reach an annualized 700,000.
The National Association of Realtors provided mixed signals as to whether growth in the housing market was gaining traction.
Housing starts and building permits rates represent a percentage change from the previous month and a year-to-year basis.
At 10:00 AM EST on April 16, 2012, the April housing market index was released.
The U.S. Bureau of Labor Statistic’s Consumer Price Index (CPI) for March 2012 shows gasoline leading the way at 2.7% for March.
On April 12th the Bureau of Labor Statistics (BLS) released the numbers for the Producer Price Index for March.