Monthly Archives: July 2023

New Home SalesSales of new single‐family houses in June 2023 were at a seasonally adjusted annual rate of 697,000, 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, July 25, 2023…The Conference Board Consumer Confidence Index® rose again in July to 117.0 (1985=100), up from 110.1 in June. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 160.0 (1985=100) from … Continue reading →

Building PermitsPrivately‐owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,440,000. This is 3.7 percent below the revised May rate of 1,496,000 and 15.3% below the June 2022 rate of 1,701,000. Single‐family … Continue reading →

NEW YORK, July 10, 2023…The Conference Board Employment Trends Index™ (ETI) decreased in June to 114.31, from a downwardly revised 115.53 in May. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is … Continue reading →

Highlights: Consumer Spending Showing Signs of Slowing, But Incomes and Inflation Remain Elevated Nominal personal income rose in May, and real incomes continued to rise year-over-year supporting continued spending by US consumers in the month. Although nominal personal consumption expenditures … Continue reading →