Tag Archives: Economy slides sideways with housing in nascent recovery

The U.S. economy is sliding sideways with consumer sentiment down on higher gasoline prices and economists realizing a mild winter stimulated early economic activity, according to CoreLogic. A weather-related upswing in economic activity during the winter can result in a sluggish spring since buyers spend earlier, creating a potential drop off in spring activity. Meanwhile, the housing sector continues to reflect two opposing trends: On one hand, household growth increased a slight 0.6% in 2011, said Mark Fleming with CoreLogic. This slow growth suggests the presence of pent-up demand, a […]