www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Make me your Homepage
left corner left corner
China Daily Website

US consumer mood brightens, but home price gains slow

Updated: 2014-01-01 03:02
( Agencies)

US consumers' mood improved as 2013 drew to a close, with many optimistic about their future job prospects, while home prices rose again in October, though the pace of gains slowed.

The data releases provided more evidence of strength in the US economy, which appears to have overcome headwinds caused by an autumn government shutdown, higher taxes and rising mortgage rates.

"Things still look pretty solid at the end of 2013. We had better GDP growth even though interest rates have gone up with the Fed," said Gus Faucher, senior economist at PNC Financial Services, adding "2014 will be a better year with less fiscal drag."

The rise in the Conference Board's index of consumer attitudes to 78.1 in December brought it to within reach of levels last seen before a standoff in Congress over fiscal policy caused the government to shut down in October.

Consumers were optimistic about the present - the present situation index hit its highest level since April, 2008 - and the future, particularly the job outlook.

"Despite the many challenges throughout 2013, consumers are in better spirits today than when the year began," Lynn Franco, director of economic indicators at The Conference Board, said in a statement.

A separate report showed the S&P/Case Shiller composite index of home prices in 20 metropolitan areas increased 13.6 percent in October from a year ago, the strongest gain since February 2006.

Price gains on a monthly basis, however, slowed to 0.2 percent from 0.7 percent in September, suggesting higher mortgage rates have slowed home-buying activity.

Borrowing costs are expected to rise again next year as the Federal Reserve winds down its monthly asset purchases, which have helped suppress long-term interest rates since the program began 15 months ago.

"From a policy standpoint, the rebound in home prices has been a real win for the Fed," said Mark Vitner, senior economist at Wells Fargo Securities.

But next year, "the housing market will likely have to stand on its own more. We might see slower price appreciation in 2014," he said.

Even with higher borrowing costs, however, demand for accommodation is likely to keep supporting residential construction as it recovers from multi-decade lows.

A separate report Tuesday showed that business activity in the US Midwest slowed in December for a second straight month, a sign that manufacturing activity in the region was cooling off. Employment in the sector retreated to its lowest since April.

Nationwide, manufacturing has recovered strongly over the second half of the year after contracting briefly in May.

8.03K
 
Hot Topics
Sea-level rise since the Industrial Revolution has been fast by natural standards and may reach 80 cm above today's sea-level by the year 2100 and 2.5 m by 2200 even without development of unexpected processes, according to a new research made public on Friday.
...
...
主站蜘蛛池模板: 精品国产欧美一区二区五十路 | 精品一久久香蕉国产二月 | 欧美日韩国产一区二区三区播放 | 日本一级特黄a大片 | 久久精品二区 | 在线视频亚洲一区 | 欧美国产三级 | 国产欧美va欧美va香蕉在线 | 日本韩国三级在线 | 国产一区二区在线不卡 | 亚洲国产精品免费在线观看 | 免费成年人在线视频 | 国产欧美成人免费观看 | 87精品福利视频在线观看 | 成年女人永久免费观看片 | 亚洲精品第五页 | 国产精品久久久久影院色老大 | zztt40.su黑料不打烊官网 | 久草视频在线免费看 | 全部免费的毛片在线看美国 | 玖玖玖精品视频免费播放 | 国内一区 | 日韩欧美一区二区精品久久 | 亚洲韩国欧美一区二区三区 | 韩国a级毛片 | 欧美性精品videofree | 一级毛片观看 | av成人天堂 | 久久国产精品影院 | 欧美一级片在线免费观看 | 久久视精品 | 午夜丝袜美腿福利视频在线看 | 99久久国产免费福利 | 99热com| 国产老鸭窝毛片一区二区 | 玖玖香蕉视频 | 在线视频一区二区三区在线播放 | 日韩欧美中文字幕在线观看 | 久久影院yy6080| 国产一区二区三区免费在线观看 | 免费观看的毛片手机视频 |