Browsing: Newsbytes

Economy

The Conference Board’s Consumer Confidence Index improved in January, rising 1.8 points to 98.1, the second consecutive monthly increase. The Present Situation Index was unchanged in January at 116.4, while the Expectations Index increased 2.9 points to 85.9. “Consumer confidence improved slightly in January, following an increase in December,” says Lynn Franco, Director of Economic

Economy

The 20-City Case-Shiller Composite Index increased 5.8 percent year-over-year in November, up from October’s gain of 5.5 percent. The 10-City Composite increased 5.3 percent from the previous year, up from a 5.0 percent annual increase last month. The National Index, which covers all nine census divisions increased by 5.3 percent, compared to a 5.1 percent

Economy

The budget deficit this year will grow as a percentage of GDP for the first time since 2009, rising to $544 billion and 2.9 percent of GDP, according to the Congressional Budget Office’s annual budget and economic outlook report released today.

Economy

Existing home sales rebounded in December, rising 14.7 percent to a seasonally adjusted annual rate of 5.46 million in December according to the National Association of Realtors (NAR). December’s reading is a significant increase from November’s rate of 4.76 million. The NAR report attributes the increase to the rollout of the Know Before You Owe

1 938 939 940 941 942 1,060