Oct 27: Consumer Confidence Down

The S&P/Case-Shiller 10-City Home Price Index increased by 1.3% in August following an increase of 1.7% in July, and up 1.4% in June.  Over the year, the index has fallen by 10.6%, less than the 12.8% 12 month decline observed in July.  The S&P/Case-Shiller 20-City Home Price Index increased by 1.2% over the month after increasing by 1.6% in July, up 1.4% in June, and a 0.5% increase in May.  The index is down by 11.3% over the year compared to a 13.3% decline last year.  This is the 7th consecutive month the indices have improved.  19 of all 20 indices showed improvements in the annual decline, with Cleveland as the exception.

The Consumer Confidence Index dropped to 47.4(1985=100) in October after dropping to 53.4% in September from 54.1% in August.  The index was expected to increase with the consensus at 53.6%.  The Present Situation Index decreased to 20.7 from 23.0 last month. The Expectations Index declined to 65.7 from 73.7 in September.  Consumers outlook of current conditions and the short-term outlook grew more pessimistic along with a more negative outlook of the labor market.

Upcoming Releases
Durable Orders (10/28 at 8:30 AM EST)
New Home Sales (10/28 at 10:00 AM EST)
Initial Claims (10/29 at 8:30 AM EST)
GDP-Q3 Adv (10/29 at 8:30 AM EST)

Email	Print	Share	RSS	Rate Pos	Rate Neg	Comment

Loading Stories...

ECONOMIC HIGHLIGHTS ARCHIVE

Feb 9: Wholesale Inventories - Wholesale Inventories today at 10:00 AM EST

on February 9, 2010

Feb 5: Unemployment Down to 9.7% - Unemployment Rate decreases to 9.7%; Nonfarm Payrolls unchanged; Consumer Credit today at 3:00 PM EST

on February 5, 2010

Feb 4: Nonfarm Productivity Up - Weekly Initial Claims increase to 480,000; 4-week moving average increased; Nonfarm Productivity up 6.2% in the 4th quarter; Unit Labor Costs down 4.4% in the 3rd quarter; Factory Orders today at 10:00 AM EST

on February 4, 2010

Feb 3: ISM Services Up - ISM Services Index increased to 50.5; Crude Inventories today at 10:30 AM EST

on February 3, 2010

Feb 1: ISM Index at 6 Year High - Personal Income, Disposable Personal Income up 0.4%; Construction Spending down 1.2%; ISM Manufacturing Index at highest level since August 2004

on February 1, 2010

<< Previous 5 Stories

View All

Next 5 Stories>>

 Posting Comment...

There was a problem posting this this comment. Please try back later.
[CLICK TO CLOSE X]

Comments (Limit 1000 Characters - Used: 0)

Please provide your comments here... Display Name: Email Address:  

 Loading Comments...

Be the first to comment on this article!