Homebuilder Confidence Rises to Highest Since June 2005
Confidence among U.S. homebuilders is the strongest since the mid-2000s housing boom as sales prospects improve despite rising mortgage rates, according to data March 15 from the National Association of Home Builders/Wells Fargo.
Consumer Comfort Just Reached Its Highest Level in a Decade
Americans’ confidence continued to mount in the week ended March 3 as the Bloomberg Consumer Comfort Index reached the highest point in a decade on more-upbeat assessments about the economy and buying climate, figures showed March 9.
Consumer Comfort Hits 10-Year High on Economic Outlook
Consumer comfort rose to an almost 10-year high in the final week of February on increased optimism about the U.S. economy and more favorable views about personal finances and the buying climate, the weekly Bloomberg Consumer Comfort Index showed March 2.
Consumer Sentiment Shows First Drop Since US Election
Consumer confidence fell for the first time since November’s election, as party lines divided Americans following a boost in enthusiasm for the new administration’s economic policies.
Trump's Nafta Revamp Could Hit Close to Home for Key US Industries
American companies importing vehicles and their parts, electronics and fruit from south of the border would be well-advised to keep a close eye on the future of Nafta.
Trump May Need a Second Term to See Fruits of His Trade Deals
So far, President Trump has mostly declared policy 140 characters at a time, or through flurries of executive orders. But history shows that trade deals, a major priority for the new administration, are the opposite of quick tweets: a painstakingly slow process.
Consumer Comfort Increases on Optimism About Economy
American consumer sentiment climbed last week as views on the economy matched the highest level since 2007, according to figures in the Bloomberg Consumer Comfort Index released Feb 2.
Pending-Home Sales Rebound Despite Rise in Mortgage Rates
Contracts to buy previously owned U.S. homes rebounded last month as buyers adjusted to the recent jump in mortgage rates, according to figures released Jan. 30 from the National Association of Realtors in Washington.
Survey Shows Wide Partisan Gap Post-Trump in Consumer Sentiment
Republicans expect the U.S. economy to boom and Democrats see a bust after Donald Trump’s election as president, a sharp reversal from sentiment a few months before the vote, according to a University of Michigan consumer survey.
American Consumers’ Economic Expectations Are the Highest Since 2002
American consumers were the most upbeat about the economy in January than at any time in almost 15 years, according to Bloomberg Consumer Comfort Index figures released Jan. 19.