Consumer optimism on income growth remained fairly high in January, while expectations for home price gains in the next year fell slightly, according to survey results released Monday from the Federal Reserve Bank of New York.
Read More »January Payrolls Beat Expectations; Unemployment Ticks Up to 5.7%
Employers nationwide added 257,000 new jobs last month, the Bureau of Labor Statistics (BLS) said Friday. Economists projected a payroll increase of 230,000.
Read More »Consumer Sentiment Strengthens in January
The University of Michigan/Thomson Reuters Index of Consumer Sentiment came to 98.1 in its final January gauge, the group conducting the survey reported. While down slightly from a mid-month reading of 98.2, the index is still higher than it's been in the last 11 years.
Read More »Housing Market Indicators Point to Greater Stability
Freddie Mac's monthly Multi-Indicator Market Index (MiMi) improved 0.35 percent month-over-month in November to a reading of 74.7, the company reported Wednesday. A reading between 80 and 120 is considered to be a sign of a stable market.
Read More »Consumer Confidence Rises on Brighter Job Expectations
The Conference Board said Tuesday that its monthly Consumer Confidence Index rose to 102.9 this month from an upwardly revised 93.1 in December. According to the group, January's reading was the highest since August 2007, when the index was at 105.6.
Read More »U.S. Leading Indicators Improve for Fourth Straight Month
The Conference Board's Leading Economic Index (LEI), which gauges the near-term economic outlook based on a variety of indicators, increased 0.5 percent in December to 121.1, the group reported Friday. The increase fell between November's gain of 0.4 percent and October's larger 0.6 percent improvement.
Read More »Freddie Mac: Plenty of Tailwinds for Housing in 2015
Freddie Mac cited a number of positive opportunities for housing in 2015—but households and businesses should take advantage of them early, because some of them aren't expected to last.
Read More »Consumer Sentiment Hits 11-Year High in Preliminary Reading
A first-look reading of the University of Michigan/Thomson Reuters consumer confidence index shows the measure climbed to 98.2 as of mid-January, up nearly five points from a final December reading of 93.6 and from a consensus forecast of 94.1 among economists polled by Thomson Reuters.
Read More »Housing Barometer Shows Improvements in All Metrics
Three of the five indicators in Trulia's quarterly housing barometer—existing-home sales, excluding distressed sales; home price level; and delinquency plus foreclosure rate—are all more than three-quarters of the way "back to normal" as of the end of 2014, according to the company.
Read More »Economic, Housing Attitudes Mixed in New York Fed Survey
The New York Federal Reserve's year-end Survey of Consumer Expectations showed little change between November and December, though there was a small pullback in Americans' financial expectations, according to results released Monday. The results mirror the latest National Housing Survey results released last week by Fannie Mae.
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