Despite high unemployment, temp work is on the rise and employers still want to hire.
Home sales fell 27 percent between June and July. The news suggests that working through a glut of unsold homes and foreclosed properties may take longer than some economists predicted.
Unemployment benefits claims tumbled to a near two-year low last week, but a modest gain in industrial output and a third monthly drop in wholesale prices in June confirmed a slackening in the economy's recovery.
The Dow Jones Industrial Average closed Friday at 9931, below the symbolically important 10000 mark. It has slid in five of the past six weeks. Debt in Europe and tepid US job market are triggers.
Private sector businesses added just 41,000 new jobs in May, leading Republicans to criticize Obama's economic plan. But analysts see a few bright spots.
Federal help for winter storm damage is on the way to 35 areas in the US. Recovery hits state and local budgets hard.
Personal spending rose 0.3 percent in February, the Commerce Department reported Monday. But US stimulus programs have not managed to boost household incomes.
Retail sales for the week ending March 6 rose a robust 2.9 percent from a week earlier. Freed from snow and shovels, and ready for spring, shoppers bust loose.