Consumer Confidence Dips, But Remains in Record Territory

One of the truest measures of economic health in the U.S. is consumer confidence. A key reading of confidence dropped a bit in December.

That measure — The Conference Board Consumer Confidence Index –decline in December, following a modest improvement in November.

The Index now stands at 122.1 (1985…

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How Will the Tax Bill Impact Homeownership?

As tax professionals scramble to fully understand the impacts created by the Tax Cuts and Jobs Act passed by Congress on December 20, many industry players are busy trying to gauge consumer reactions to the legislation in an effort to predict how the law will effect consumer and investor behavior…

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Unemployment Rate Remains Stable, State by State

Unemployment rates were lower in November in 8 states, higher in 2 states, and stable in 40 states and the District of Columbia, according to the U.S. Bureau of Labor Statistics.

Twenty-three states had jobless rate decreases from a year earlier, 2 states had increases, and 25 states…

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Are You Spending More, Or Less?

Research firm Voccii reports a more than 10% increase in shoppers who are spending less this holiday season than in 2016.

This year, 28% of consumers said they would spend less – up from 17% who said they would spend less in 2016 – an 11% swing. People who said they would…

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Productivity Gains Accelerate

Labor productivity increased 3.0 percent during the third quarter of 2017, the U.S. Bureau of Labor Statistics reports, as output increased 4.1 percent and hours worked increased 1.1 percent.

The productivity increase was the largest since the third quarter of 2014, when output per hour increased…

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