• January 30, 2018
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Consumer confidence rebounded in the first month of the new year, climbing to 125.4 in January from a revised 123.1 at the end of 2017, the Conference Board said Tuesday. Economists surveyed by had forecast a 125.0 reading. Americans were a little less sure about the economy in early 2018, but they expect growth to

• January 30, 2018
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• realestatelife

The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.7% in the three-month period ending in November compared to the same period ending in October, and was up 6.4% compared to a year before. The national index rose a seasonally adjusted 0.7% for the month, and 6.2% for the year.

• January 29, 2018
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The yield on the 10-year Treasury note rose above 2.7% on Monday, adding to a persistent climb in yields for U.S. government paper on expectations of increased interest rates, an upbeat economic outlook and anticipation of greater issuance of government bonds.

• January 29, 2018
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• realestatelife

Consumer spending climbed 0.4% in December, capping off the biggest increase in household buying since 2011. Economists had forecast a 0.5% increase.  Americans were able to spend more last year partly because of rising incomes. They rose 0.4% in December and advanced 3.1% for the full year, the largest increase since 2015. Yet households drew

• July 29, 2022
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• realestatelife

The Federal Reserve’s preferred inflation gauge accelerated more than expected in June, according to new data released on Friday, a worrisome sign as central bankers try to combat higher prices with the steepest interest rate hikes in decades. The personal consumption expenditures index showed that core prices, which strips out the more volatile measurements of

• July 28, 2022
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The U.S. economy shrank in the spring for the second consecutive quarter, meeting the criteria for a so-called technical recession as raging inflation and higher interest rates forced consumers and businesses to pull back on spending. Gross domestic product, the broadest measure of goods and services produced across the economy, shrank by 0.9% on an