Episode 3: Debt default averted, what's next?
- A downward trend in building permits suggests an impending deceleration in construction activity.
- Existing home sales dipped by 3.4% in April.
- Home prices were up in Florida markets but declined in West coast metros.
- 1st quarter GDP was revised upward.
- Consumer Confidence Index dropped again in May.
For more information on the state of the U.S. Economy, including forecasts, watch all the episodes of the Economy Express series.
