Jobless Claims Down in Florida
First-time claims, at 5,375, dropped for the 2nd week in a row. Fla.’s jobless rate has slowly increased to 4.6%, reflecting mid-February conditions.
Spring Housing Market Shows Resilience
Realtor.com April report: U.S. home prices fall for 6th straight month, but fewer price cuts indicate that sellers are entering the market with realistic expectations.
U.S. Economy Grew 2% in Q1 But Outlook Cloudy
The government’s spending and investment grew at a 9.3% annual rate in Q1 while consumer spending growth slowed to 1.6%. Q1 covered about a month of the Iran war.
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