The Conference Board, New York, said its monthly Consumer Confidence Index rebounded in December following back-to-back monthly declines, to its highest level since April.
Tag: Sam Bullard
September Job Openings Surge; Construction up 0.2%
Job openings in September jumped by more than a half-million from August, showing there are 1.9 job openings for every available worker, the Bureau of Labor Statistics said Tuesday in the first of four major jobs reports this week.
September Housing Starts Down 8%
September housing starts took back the temporary momentum it gained in August, falling by more than 8 percent, HUD and the Census Bureau reported Wednesday.
Multifamily Nearly—But Not Quite—Saves April Housing Starts
April housing starts fell by just 0.2 percent from March—no thanks to single-family starts, which fell by more than 7 percent—HUD and the Census Bureau reported Wednesday.
Consumer Confidence Dips for 2nd Straight Month
The Conference Board, New York, said its Consumer Confidence Index declined in December, the second straight monthly decline economic uncertainty following a resurgence in the coronavirus pandemic.
3Q GDP Advance Estimate Slows to 1.9%
Real gross domestic product increased at an annual rate of 1.9 percent in the third quarter, marking a continued trend of slowing economic growth, the Bureau of Economic Analysis reported in its first (advance) estimate yesterday.