The commercial paper market generally appears to be trending lower, contracting at a rate of 15.23% on a year-over-year basis to $932.60 billion, according to the Federal Reserve Bank.
Single family housing permits declined a notable 3.5 percent from February to 462,000 single family units, but increased 17.6 percent above the level seen in March 2011.
Retail sales increased 0.8 percent from February, and 6.5 percent on a year over year basis.
Investors beware: If you want big returns this year, don't put your money in developing countries, banks, or homes (including yours).
As of February, prices have dropped 4.43 percent below the level seen in February 2011, slumping through the winter months
Home prices in some cities show some signs of stabilizing. But in Atlanta, the decline in home prices is accelerating.
The home price price index declined 0.83 percent since December while the Composite-20 index declined 0.84 percent over the same period resulting in the lowest level seen to on the Composite-10 since June 2003 and the largest peak decline seen since the nearly six year old housing bust began in 2006.