Americans Feel More Confident About the Economy

A barrage of U.S. economic data was released this week, including statistics on the state of the housing market, consumer-confidence figures, and numbers that show the spending and income of Americans. The data show that, while Americans might be optimistic about the job market, there could be a gap between economic expectations and economic reality . There's reason for both optimism and caution. For instance, hiring numbers have been fairly steady , and Americans are buying houses despite the Fed's recent interest-rate hike. The S&P/Case-Shiller U.S. national home-price index, which......(read more)

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