Consumer sentiment rose in August
The University of Michigan Consumer Sentiment Index increased 2.3% in August compared to the month prior, landing at 67.9, according...
Economy
Personal income increased 0.3% in July
Personal income increased 0.3%, or $75.1 billion, in July, the Commerce Department said. The personal savings rate—a percentage of disposable...
Survey: Inflation concerns ease among bank customers
The percentage of U.S. bank customers who are financially healthy has remained steady, but their overall concern regarding inflation has...
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage averaged 6.35% this week. The rate for a 15-year fixed-rate mortgage averaged 5.51%.
NAR: Pending home sales dropped in July
Pending home sales fell 5.5% in July from the prior month, the National Association of Realtors said.
GDP increased 3% in Q2: Second estimate
Real gross domestic product increased at an annual rate of 3% in the second quarter of 2024, according to the...
Bank survey: Small business owners optimistic about future
Most small business owners say their businesses have grown despite labor shortages and increased competition for workers, according to a...
Consumer confidence rises in August
The Consumer Confidence Index was 103.3 in August, up from 101.9 in July, the Conference Board said.
Home prices rose in June
Home prices increased 5.4% in June compared to the same month a year ago, down from a 5.9% rise the...
New orders for durable goods increase in July
New orders for manufactured durable goods increased $26.1 billion or 9.9% in July to $289.6 billion, the U.S. Census Bureau...
