Earlier this month, it was reported that sales of existing homes fell during June, but the latest report on sales of newly constructed homes offers modestly more positive indicators for housing. According to the latest findings from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), new single-family homes sales were…
Jerome Powell’s tenure as chair of the Federal Reserve concludes on May 15, bringing the eight years he has spent in the role to a close. Since the second Trump administration commenced, Powell (who was appointed to the Fed by Trump in 2018) has come under criticism from the President for, in Trump’s view, a…
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As a new year comes up around the corner, how are consumers feeling about the economy as this year ends? The latest monthly Consumer Confidence Index update, assembled by The Conference Board, found that confidence was down in December. The November Consumer Confidence Index, which was reported at the time as a sharp drop, saw…
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