May

When Will Real Estate Market Get Back to Normal?

Now that the home buyer tax credit program has expired, job growth and mortgage availability will likely be the key factors determining the rate of existing home sales, which unexpectedly dipped 2.2% in May to a 5.66 million unit pace.

Retail Sales Drop, but Mostly Due to a Calendar Quirk

May's retail sales figures seem to show U.S. consumers are losing their drive to shop, but some of the weakness can be blamed on a quirk in the calendar. A closer look shows consumers are actually becoming more willing to pony up at the cash register again.

U.S. Deficit Falls to $135.9 Billion in May

May%u2019s smaller-than-expected $135.9 billion budget deficit provided further evidence of a healing U.S. economy, but a large structural deficit remains, and will have to be addressed by Congress, according to one budget observer.

Some Hopeful Factors in May's Ugly Job Report

Investors wouldn't know it from the brutal sell-off in the markets Friday, but the May jobs report released at the end of last week offered more hopeful signs than it is getting credit for. The crises in Europe and the logistics of the census are masking numbers deserving of optimism.