Economic doomsday theorists may persist in their declarations that an unresolved fiscal cliff spells disaster for the U.S. economy, but recent data from Standard and Poor/Case-Shiller says otherwise. The organization’s national home price index, released Dec. 26, increased 4.3 percent … [Read more...]
Consumer Confidence Reaches Nearly 5-Year High
Tis the season to be jolly, and according to recent government data, Americans are in good economic spirits this holiday season. The Conference Board's consumer confidence index climbed to a nearly 5-year high this month, increasing from 73.1 to 73.7. Factors such as rising home … [Read more...]
Consumer Confidence Rises Again
The Conference Board announced Nov. 1 its Consumer Confidence Index increased again in October to a nearly five-year high of 72.2. Leaping from its last increase in September, when it hit 68.4, the index is at its highest point since February 2008, two months into the Great … [Read more...]
