Comment on US economy gets lift from housing, other tailwinds

US economy gets lift from housing, other tailwinds

US economy gets lift from housing, other tailwinds Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 12:29 pm, Monday, January 28, 2013 The housing, banking and auto industries are surging back to health and that has helped push the stock market to a five-year peak. Higher prices for homes and stocks tend to make people feel wealthier and spend more. The end of a Social Security tax cut is shrinking already flat pay. "There is some underlying momentum," says Paul Edelstein, U.S.

 

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