US Economic Week in Review: Still Humming Along

            This week’s data was mixed.  4Q17 GDP was strong and personal consumption expenditures increased at a solid pace.  Weakness in recent housing numbers was most likely weather-related; regions that experienced above average inclement weather saw lower activity.  Inventory issues continue to crimp the existing home sales market.  However, mortgage applications continue to increase, showing that demand remains strong. 

Source: XE news feed
US Economic Week in Review: Still Humming Along