Economic indicators

The pace of recovery will not only be fragmented, but will take a lot longer than originally thought, according to Raphael Bostic, Federal Reserve Bank of Atlanta president.

Federal Reserve Board Chair Jerome Powell announced the group's new policy framework, but didn't explain why it would work.

The economy continues on a fragmented recovery from the pandemic, with the housing market being a positive sign and labor having issues.

The big gain suggests the manufacturing sector will be a positive for economic growth in the near term.

Consumer confidence sputtered even as new home sales surged, highlighting an uneven economic recovery.

Observers expect the Fed to use the gathering, virtual this year, to release the new monetary policy framework it's been working on.

Jobless claims grew, manufacturing expansion weakened and leading indicators grew less than last month.

New residential construction figures surpassed generous expectations, with low mortgage rates fueling the gains, which could be a boon for economic growth.

Monday's economic indicators were mixed, as the National Association of Home Builders reported the housing market index is at an all-time high but the New York Fed reported that business activity edged slightly higher in New York, but the general business index dropped sharply.

The latest retail report released Friday encapsulates the rebound its made the last three months.