The data is not likely to change the Federal Reserve’s course on monetary policy, with the central bank likely to hold rates steady at its May meeting. … READ MORE >
US Conference Board
Strong job openings and consumer confidence point to robust employment gains
Job openings inched up to more than 9 million, surpassing expectations and reflecting strong demand in December. … READ MORE >
Housing prices set a record as consumer confidence dips
Housing prices set a record in July, according to the S&P CoreLogic Index, rising by 0.87% on a seasonally adjusted basis. August’s new home sales, however, dropped by a sharp 8.7%. … 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. … READ MORE >