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Tag Archives: Confidence

Consumer Confidence Rises on Brighter Job Expectations

The Conference Board said Tuesday that its monthly Consumer Confidence Index rose to 102.9 this month from an upwardly revised 93.1 in December. According to the group, January's reading was the highest since August 2007, when the index was at 105.6.

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Builder Confidence Edges Down in First 2015 Index

The National Association of Home Builders (NAHB)/Wells Fargo builder sentiment index dropped to 57 in January, NAHB reported Tuesday morning. December's index was revised upward to 58, reflecting no change from the month before.

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Consumer Sentiment Hits 11-Year High in Preliminary Reading

A first-look reading of the University of Michigan/Thomson Reuters consumer confidence index shows the measure climbed to 98.2 as of mid-January, up nearly five points from a final December reading of 93.6 and from a consensus forecast of 94.1 among economists polled by Thomson Reuters.

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Economic, Housing Attitudes Mixed in New York Fed Survey

The New York Federal Reserve's year-end Survey of Consumer Expectations showed little change between November and December, though there was a small pullback in Americans' financial expectations, according to results released Monday. The results mirror the latest National Housing Survey results released last week by Fannie Mae.

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Survey Reveals Americans’ Worries About Financial Stability

Sixty-six percent of respondents in a recent survey by the National Foundation for Credit Counseling said that "I want financial stability, but don't know how to get there." Nearly one quarter of respondents (23 percent) said that "I don't think financial stability is attainable for me."

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Fannie Mae Economist Weighs Impact of Jobs Data on Housing

December's job gain was close to 2014's average monthly increase, and 2014 was the best year of job growth in the United States since 1999. According to Fannie Mae Chief Economist Doug Duncan, the underlying data may not be so encouraging for the housing market, however.

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Americans’ Economic Confidence Grows, but Housing Doubts Persist

Out of a group of 1,000 Americans polled in Fannie Mae's December National Housing Survey, 41 percent said they now believe the economy is "on the right track," up from 36 percent in November, the company reported. In contrast to December's slightly more positive economic attitudes, consumer sentiment toward the housing market remained subdued for another month.

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Builder Confidence Sees Small Setback

Following a four-point uptick in November, the National Association of Home Builders' (NAHB) Housing Market Index dropped one point to 57 in December, the group said Monday. A reading above 50 indicates that market conditions are viewed more as good than bad.

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Mortgage Business Conditions Expected to Improve: Survey

According to survey results released by the Collingwood Group this week, 33 percent of mortgage lenders, servicers, and other industry professionals believe business conditions are "a little better" than they were last year. That compares to 31 percent of respondents who said the same thing in October.

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