WEDNESDAY, May 30, 2012 - Housing prices fell in the first three months of the year. Nationwide, average sale prices of single-family homes fell 2% from the fourth quarter and 1.9% from a year ago, according to the S/Case-Shiller home-price index. The index is now at its lowest level since the housing crisis began. However, the decline in prices moderated, boosting hopes of a recovery.
FRIDAY, August 3, 2012 - Sales at retailers were a mixed bag in July. The 18 companies tracked by Thomson Reuters reported a 4.6% rise in same-store sales, higher than in June but less than the 5.0% rate in July of last year. Several retailers posted strong sales, though some struggled before the key back-to-school season. Weak spending is one of the biggest drags on the economy.
THURSDAY, May 17, 2012 - U.S. factories stepped up production in April. The Federal Reserve’s Industrial Production Index — which measures the output of factories, mines and utilities — rose 1.1% from March. Manufacturing production climbed 0.6% after falling in March, led by cars, and furniture and business equipment. Factories are operating at a high capacity but unemployment and weak wage growth continue to weigh on the U.S. recovery.