The Economy

Posted on February 5, 2014 by The Weekly Commentary

Economic
data indicates a slowdown of activity. Many
business leaders are indicating the same.
Part of the slowdown is weather related.
We will remain vigilant to watch how the economy behaves when better
weather returns.

Meanwhile,
here is an update on the very important housing
sector based upon data released last week: Inventory
is still very low, and with the low level of inventory, there is still upward
pressure on prices. If inventory doesn’t
increase prior to the spring busy season, prices will probably increase a
little faster than expected (a key reason to watch inventory right now).

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