Against all odds, the index of U.S. consumer confidence fell in September, while analysts expected an increase. Regarding real estate, however, the fall in house prices has slowed further in July.
Scrutinized, watched and waited, the indicator reflecting the confidence of U.S. consumers are expected to firm up each month by the observers. No wonder indeed, when we know that household consumption is the main engine of the U.S. economy. But statistics for the month of September, released Tuesday, was booked surprises. Consumer confidence has declined by 1.4 points from August to $ 53.1, according to the Conference Board. A blow to the analysts, who waited an average of 57. Americans finding it difficult to find a job are 47% against 44.3% the previous month, shows the survey of 5,000 households, and those who think that finding a job is easy is only 3.4%, at most lowest since February 1983. The proportion of respondents considering the economic conditions "poor" has also increased by 1.7 points to 46.3%. This book weighs disappointing on trade on Wall Street, the indices are now trending downward.
House prices are retreating under
Operators find comfort while on the falling price of houses in the United States. Indeed, before the opening of markets, the publication of the Case-Shiller index showed that prices in this sector rose for the third straight month in July in the United States. The index thus displays a yoy decline of 13.3% in July, after -15.4% in June, while economists were expecting -14.3%. Sign of significant improvement of the situation, housing prices have increased on average by 1.6% in July compared to June The S & P / Case-Shiller is in the red since January 2007.
Scrutinized, watched and waited, the indicator reflecting the confidence of U.S. consumers are expected to firm up each month by the observers. No wonder indeed, when we know that household consumption is the main engine of the U.S. economy. But statistics for the month of September, released Tuesday, was booked surprises. Consumer confidence has declined by 1.4 points from August to $ 53.1, according to the Conference Board. A blow to the analysts, who waited an average of 57. Americans finding it difficult to find a job are 47% against 44.3% the previous month, shows the survey of 5,000 households, and those who think that finding a job is easy is only 3.4%, at most lowest since February 1983. The proportion of respondents considering the economic conditions "poor" has also increased by 1.7 points to 46.3%. This book weighs disappointing on trade on Wall Street, the indices are now trending downward.
House prices are retreating under
Operators find comfort while on the falling price of houses in the United States. Indeed, before the opening of markets, the publication of the Case-Shiller index showed that prices in this sector rose for the third straight month in July in the United States. The index thus displays a yoy decline of 13.3% in July, after -15.4% in June, while economists were expecting -14.3%. Sign of significant improvement of the situation, housing prices have increased on average by 1.6% in July compared to June The S & P / Case-Shiller is in the red since January 2007.
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