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The Conference Board
Latest The Conference Board Items
A rally that that brought the stock market to record highs this year came back to life after U.S. home prices rose the most in seven years and consumer confidence reached a five-year high.
Americans' confidence in the economy jumped this month, helped by a better outlook for the job market and expectations for higher pay.
Barack Obama has been president for 51 months, and America is still waiting for that change he told us to hope for. The latest economic indicators continue to point in the wrong direction: Durable-goods orders are falling, growth in factory output is sluggish and optimism is dissolving.
The average home price in the nation's top 20 cities rose smartly by 8.1 percent in the past year — the fastest increase since the peak of the housing bubble in the summer of 2006, according to the S&P Dow Jones index released Tuesday.
It was the tax cut that nobody noticed two years ago. And it was rarely mentioned in the fight between Congress and the White House last year over the expiring Bush-era tax cuts. But this month, the payroll-tax cut suddenly registered on everybody's radar screen — when it went away.
Recession is coming. That's the cheery news emanating from the green eyeshades at the Congressional Budget Office (CBO). The nonpartisan economists last month issued a report outlining the likely outcomes given a set of probable scenarios.
House Republican leaders said Thursday that they will bring their chamber back to town this weekend to try to avert the "fiscal cliff" — the sole optimistic sign on a day when pessimism deepened within both parties on whether Congress can avoid the looming tax increases and automatic spending cuts.
U.S. consumer confidence tumbled in December, driven lower by fears of sharp tax increases and government spending cuts set to take effect next week.
U.S. consumer confidence rose this month to its highest level in almost five years, pushed up by steady improvement in hiring.