4632 Outlook

Economic Outlook: March 26, 2021

Mar 26, 2021  | Ep4632

There’s a quandary in the housing market - the supply of realtors is higher than properties available for them to sell.   --

The existing home sales market cooled last month by 6.6 percent as shortages and higher prices dropped listings to just over one million units.

Orders for durable goods snapped a nine month streak - falling 1.1 percent. The big-ticket items were hit by weather and supply-chain issues.

The colder February slowed consumer spending by 1 percent. --

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