The American economy continued to show resilience in the first quarter though signs of softening in the future emerged, according to data on durable goods and consumer confidence released Tuesday. In perhaps the most significant development on inflation, housing prices, a sticking point in the ... READ MORE >
US Conference Board
Strong job openings and consumer confidence point to robust employment gains
December's strong data on job openings and consumer confidence released on Tuesday foreshadowed another robust month of job gains in January, aligning with our above-consensus estimate for net payroll increases when the employment report is released on Friday. Job openings in the United States inched ... READ MORE >
Housing prices set a record as consumer confidence dips
Economic data released on Tuesday added more mixed signals on the housing market in the wake of the wide fluctuations in mortgage rates over the past two months. At the same time, consumer confidence fell to the lowest level in four months as expectations markedly deteriorated. To begin with, housing ... READ MORE >
Early signals show continued decline for the leading indicator
Analysts are forecasting that Thursday’s release of the Conference Board’s leading economic indicator of U.S. growth will show a 0.2% decline for October, the third month in a row of negative growth. As the chart below illustrates, the leading indicator has been decelerating since last October on a ... READ MORE >