Good news is trickling in on the economy. Is a turn-around coming?
Today, the National Association of Realtors announced that existing-home sales were up 5.1 percent in February, an unexpected positive. Sale prices were way down from February 2008, but up from January 2009.
New residential housing construction was up 22 percent in February, and car sales were up compared to January.
Wall Street seems to be taking heart. The Dow was up almost 4 percent in mid-day trading.