Monthly Archives: December 2022

New Home SalesSales of new single‐family houses in November 2022 were at a seasonally adjusted annual rate of 640,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is … Continue reading →

New York, December 22, 2022…The Conference Board Leading Economic Index® (LEI)for theU.S. decreased by 1.0 percent in November 2022 to 113.5 (2016=100), following a decline of 0.9 percent in October. The LEI is now down 3.7 percent over the six-month … Continue reading →

New York, December 21, 2022…The Conference Board Consumer Confidence Index® increased in December following back-to-back monthly declines. The Index now stands at 108.3 (1985=100), up sharply from 101.4 in November. The Present Situation Index—based on consumers’ assessment of current business … Continue reading →

Building PermitsPrivately‐owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,342,000. This is 11.2 percent below the revised October rate of 1,512,000 and is 22.4 percent below the November 2021 rateof 1,729,000. … Continue reading →

NEW YORK, December 5, 2022…The Conference Board Employment Trends Index™ (ETI) declined in November to 117.65, from a downwardly revised 118.74 in October 2022. The Employment Trends Index is a leading composite index for employment. When the index increases, employment … Continue reading →

Commentary on today’s U.S. Bureau of Labor Statistics Employment Situation Report by Frank Steemers, Senior Economist, The Conference Board Today’s jobs report showed another strong month of job growth, with 263,000 jobs added in November 2022, after an increase of … Continue reading →

BEA News: Personal Income and Outlays, October 2022The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Personal income increased $155.3 billion, or 0.7 percent at a monthly rate, while consumer spending increased $147.9 billion, or 0.8 … Continue reading →