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Stronger home sales can bolster activity by spurring construction and purchases of durable goods like home appliances and furniture.
This has helped bolster activity in the fixed-income divisions, which at Goldman rose 10% on a year earlier.
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High overseas demand and lower costs bolstered activity, said the Institute for Supply Management, a trade group.
Q Besides a stable job market, what else has helped bolster leasing activity?
Moreover, the Federal Reserve has recently been lowering short-term interest rates to bolster economic activity and head off recession.
"If the past is any guide," said Mr Greenspan, this "should bolster economic activity over coming quarters".
In late March, Wells College and Ms. Rowland announced plans to create the Aurora Foundation, a limited liability company intended to "bolster economic activity in the heart of the village".
Today's rate reduction was intended to build consumer and business confidence, create some optimism among investors and bolster economic activity by reducing borrowing costs.
The upbeat sentiment on Wall Street was also bolstered by fresh evidence that the economy was rapidly running out of steam, which heightened speculation the Federal Reserve might cut interest rates even further to bolster business activity.
The Conference Board, which compiles the index, thinks that this improvement will bolster business activity and the labour market over the next few months.Despite big monthly falls in both industrial production and retail sales in Japan, the underlying picture looks more robust.
It took a knock to the mat when Greenspan announced that "financial developments, apart from the heavy dose of fiscal stimulus now in train, should bolster economic activity over coming quarters".
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