Consumer spending hits six year high in December

 · The dollar’s index against a basket of six major currencies rose above its "double top" touched in March and December of 2015. The index now stands at its highest level since 2003. "Double top" is a technical analysis term describing a currency (or other liquid asset) rising to a high, falling, and then rising again to the same level.

Falling energy prices should boost U.S. consumer spending - Faucher It was only a matter of time before inventory started hitting the market and unsold homes started to pile up. Not that home sales ever saw big volume increases but given the low inventory, any normal amount of homes sales pushed home values into the stratosphere. So here we are with unsold.

The Commerce Department has reported the first drop in personal income in about three years after a six-year high was reached the month before. Due to the government shutdown, purchasing data was delayed and available for December only. Purchases dropped while the core price gauge rose the same amount as in November, 1.9%. December Boost

The economy’s strengthening fundamentals were underscored by other data on Tuesday showing further gains in house prices in JanuaryReuters | March 29, 2017, 19:00 IST By: Lucia Mutikani WASHINGTON:.

The economic outlook was also darkened by other data on Friday showing factory activity hit a more. to a three-year high of 7.6 percent. In addition, consumer sentiment remains high. With spending.

Lynn Fisher – Coming Increase in Households Over the Next Decade As for interest rates, Fratantoni said that the MBA believes that mortgage rates will rise to 4.6% next year, then above 5% in 2019 and 2020. Later in the session, Fisher discussed the MBA’s.

Looking at the three months to January compared with a year ago, ONS said retail sales growth picked up to a six-month high of 3.5 per cent compared to 2.9 per cent in December.

Denver home prices rise 11.1% in July SEC: Fast-Tracking Loan Mods Won’t Jeopardize Trust Status Roubini Statement on the U.S. Economic Outlook. Author: Nouriel Roubini July 16th, 2009 Share This Print "It has been widely reported today that I have stated that the recession will be over ‘this year’ and that I have ‘improved’ my economic outlook.S&P/Case-Shiller: All 20 cities post annual gains The S&P/Case-Shiller U.S. National home price index, which covers all nine U.S. census divisions, reported a slightly higher year-over-year gain in August 2015, which posted a 4.7% annual increase..NEW YORK (AP) – Home prices rose again in July, a trend that will help ease the foreclosure crisis and slowly rebuild the wealth of millions of American homeowners.Higher home prices show that.

 · Clothes shopping is falling out of fashion in the UK, and not just because more people are buying online. profits have dived at the biggest retailers, as the number of clothes sold has dropped.

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The economy of Croatia is a developed high-income service based economy with the tertiary.. consumer spending and private sector investments, both of which were. The central government budget was in surplus in that year, most of which was. Since the global crisis hit the country, the unemployment rate has been.

The slowdown in consumer spending, however, is likely to be temporary, as other data on Friday showed wages in the third quarter recorded their largest increase in more than six years. while the.

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