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By: Zimbler0 in POPE | Recommend this post (1)
Mon, 24 Oct 11 2:57 AM | 43 view(s)
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https://personal.vanguard.com/us/insights/article/economic-week-review-10212011

Economic Week in Review: Awake, asleep, or somewhere in between
October 21, 2011


The economy is stirring more than it was a few weeks ago, but there's still worry the long slumber will continue. Economic reports were mixed this week. Both the Beige Book and a set of leading economic indicators showed slow growth. Industrial production crawled forward. A sizeable gain in new residential construction was muted by a decline in existing-home sales. Consumer and wholesale prices rose, but inflation still appears tame. For the week ended October 21, the S&P 500 Index rose 1.1% to 1,238 (for a year-to-date total return—including price change plus dividends—of about 0.1%). The yield of the 10-year U.S. Treasury note fell 3 basis points to 2.23% (for a year-to-date decrease of 107 basis points).

Fed's Beige Book reflects slow growth

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Zim.




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