The housing market continues to show signs of strength
Posted May 02 2013 2:54am
"Expectations for tapering off MBT sandalen damen of the Fed's outcome-based purchases have been pushed back due to recent softening in the economic data," according to a statement from the private sector Treasury Borrowing Advisory Committee released on Wednesday. Economic growth rebounded in the first quarter after a dismal end to 2012, but the 2.5 percent annual rate of expansion fell short of economists' estimates, and forecasters are already Hollister Pas Cher penciling in a weaker second quarter. The housing market continues to show signs of strength, with home prices posting their biggest yearly gain since 2006, the year the market began a historic slide that snowballed into a global financial crisis. However, the industrial sector is not quite as perky, with a report on Wednesday showing national factory activity barely grew in April. And the job market, the focus of much of the Fed's efforts, remains sickly. U.S. employers added only 88,000 workers to their payrolls Ralph Lauren UK in March and data on Wednesday suggested continued weakness in private-sector employment.