The Nasdaq was the only major index with a gain for the week of 0.5%.The S&P 500 closed the week down 1.1% while the Dow slipped 0.5%. On the commercial real estate front the American Institute of Architects reported the Architectural Billing Index remained positive for the 4th consecutive month.
Below are links to the top economics news for the week:
- Jan. jobless rates down over the year in 345 of 372 metro areas
- Employers took 1,293 mass layoff actions in February
- U.S. Rig Count is down 16 rigs from last week at 1,968
- Oil Rises on Drop in Iranian Crude Exports
- Leading Economic Index increased 0.7 percent in February
- New Home Sales decline in February
- Weekly Initial Unemployment Claims decline to 348,00
- Architecture Billings Index Remains Positive for 4th Straight Month
- Houston home sales climb for 9th straight month
- Housing Starts decline slightly in February
- Builder Confidence Unchanged in March
- Dallas Fed: Regional Economy Still Improving
- New Business Startups Declined in 2011
