US home construction plunges in May after government incentives end, indicating the economic recovery won't be helped by the housing industry.
The consumer pause in May came after seven months of gains in retail sales. There's some concern about a 'double dip' recession, but most forecasters see the economy recovering at a slow pace.
Despite the ongoing concerns, major European indexes snapped back after big losses Tuesday.
The question is whether the US-China talks, the first in two years dedicated to human rights, will produce any concrete gains for Chinese citizens. Some human rights activists even worry that such talks will be counterproductive.
Future opportunity for US growth depends on whether President Obama focuses on Southeast Asia, not just China and India.
Counterfeit goods used to be so obvious most people knew if their Rolex was a fake. As the market has turned to the Internet, more consumers are unwittingly buying counterfeit designer handbags - and having gone so far as counterfeit airplane engine parts, it's as much a health and safety issue as an economic one.
Personal spending rose 0.3 percent in February, the Commerce Department reported Monday. But US stimulus programs have not managed to boost household incomes.
Start checking your mailbox as mail delivery of the 2010 census begins today
The snowstorms in the East didn't skew the February jobs report. But the hiring of more than 500,000 census workers this spring will trim the unemployment rate and boost spending temporarily.