Existing Home Sales Rise in July
The National Association of Realtors announced today that existing home sales rose 2.4% in July.
The January Consumer Confidence Index was 61.1, a decrease after two months of increases.
The U.S. Department of Commerce recently released figures that show that the U.S. GDP increased in the fourth quarter of 2011.
According to the Federal Reserve, despite a sluggish global economy, the U.S. economy has expanded at a moderate pace.
Richard Cordray, Director of the Consumer Financial Protection Bureau, used his first public speech to explain how the Bureau will function.
The recent U.S. Census Bureau figures for new housing starts in December 2011 show that starts declined 4.1% to 657,000.
The United States Bureau of Labor Statistics released on January 19th its monthly report on the Consumer Price Index.
A release by the US Department of Labor provided promising information on the future of the American economy in the second week of January.
On January 18th the NAHB issued the NAHB/Wells Fargo Housing Market Index. Results indicate builder and consumer housing market confidence.
It looks like 2012 will be a good year for consumers and investors as long as consumer sentiment keeps going in an upward direction.
The Census Bureau of the Department of Commerce just released promising information for the economy regarding US business inventories.