Consumer Confidence Hits Highest Score Since 2000; Abode Prices Upwardly 5.9%

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Title : Consumer Confidence Hits Highest Score Since 2000; Abode Prices Upwardly 5.9%
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Consumer Confidence Hits Highest Score Since 2000; Abode Prices Upwardly 5.9%



Consumer confidence surged to a novel 16-year high inwards March.

The Conference Board Consumer Confidence Index jumped to 125.6 – highest since Dec 2000.

Meanwhile, US domicile cost gains reached a 31-month high inwards January, according to the S&P/Case-Shiller U.S. National Home Price Index.

The index, which measures all nine U.S. census divisions, works life that domicile prices rose 5.9 per centum year-over-year inwards the month, upwards from December's 5.7 per centum annual gain.

Of the nation's xx largest cities, 3 reached their all-time highs inwards January: Seattle, Portland, as well as Denver. And 12 cities reported greater cost increases inwards the yr ending Jan 2017 versus the yr ending Dec 2016, the study said.

This, of course, has occurred despite 3 Fed charge per unit of measurement hikes as well as Austrian-lites warning of an imminent crash inwards the economic scheme afterwards the get-go hike to a greater extent than than ii years ago.

This is non what a recession looks like.

-RW 


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