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{"id":53,"date":"2014-06-04T17:40:42","date_gmt":"2014-06-04T17:40:42","guid":{"rendered":"http:\/\/blog.theweeklycommentary.com\/2014\/06\/the-economy-2\/"},"modified":"2014-06-17T18:52:29","modified_gmt":"2014-06-17T18:52:29","slug":"the-economy-2","status":"publish","type":"post","link":"https:\/\/theweeklycommentary.com\/2014\/06\/the-economy-2\/","title":{"rendered":"The Economy"},"content":{"rendered":"<\/font>Last
\nweeks revised first quarter 2014 Gross Domestic Product number confirmed the
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\nquarterly basis since 2011. Many economists believe the stall occurred
\ndue to the brutally harsh winter. The remainder of the year will dictate
\nif they were correct. Other releases included US Personal Income which
\nincreased at .30% in April over the prior month and Services Purchasing Managers
\nIndex increased to 58.40 in May from 55 in April. For housing data
\nreleases, Pending Home Sales month-over-month rose .4% and the House Price
\nIndex rose .70%. <\/font>
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