/C O R R E C T I O N -- CoreLogic/
In years past, job growth has looked remarkably strong in late winter and early spring, only to fall apart over the summer months.
The market may cheer more free money for all, until the reality of Japan's issues gets a second look.
The manufacturing sector looked particularly strong this week, while housing data was mixed.
Hopefully, their boost in savings will start to burn a hole in the economy's pocket.
Maybe investors have realized that the best growth prospects remain in the United States
This week's GDP report now makes my original full-year 2.0%-2.5% GDP forecast a real possibility, writes Morningstar's Bob Johnson.
A sharp downward revision to first-quarter GDP will have many economists reaching for their erasers, but I'm taking a wait-and-see approach, writes Morningstar's Bob Johnson.
Shopping center data hit new highs, auto sales broke all expectations in June despite strong headwinds, and pending home sales made one of their biggest jumps in the recovery.
When examined more carefully, the economy seems to be picking up a little bit of steam.