Econ Focus – Week in Review

WEEK-IN-REVIEW

Personal income rose 0.4% in April and is up 4.1% on the year.  U.S. motor vehicle sales surged in last month, increasing from 16.5 million annualized units in April to 17.8 million in May.  The CoreLogic Home Price Index increased 2.7% in April, which is the fastest pace of monthly growth since February 1978!  Jobless claims fell the week ending May 30, and the U.S. labor market did well in May …  [Read Full Week In Review Here]

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