Americans Become Fearful of Rising Interest Rates

Change is happening in 2017. Not only do Americans have a new President, but the economy seems to be evolving beyond the “new normal” of super-low interest rates created in in the wake of the financial crisis.

Think about it: we’ve now gotten used to having 4% mortgages…

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Manufacturing Activity Grew Into 2017

Economic activity in the manufacturing sector expanded in December 2016, and the overall economy grew for the 91st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

This is the report tracked by economists to determine how things are going in America’s…

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Technology Execs Giddy About Future of Industry

Technology elites are more optimistic about the future of the U.S. technology industry than the general public are, and more optimistic about the incoming Trump administration’s likely impact on the industry, according to a new report from public relations firm Burson-Marsteller.

The Burson-Marsteller Age of Trump…

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Consumer Confidence Runs High

U.S. consumer confidence increased during the last month of 2016, according to new data from The Conference Board.

The Board’s Consumer Confidence Index now stands at 113.7 (1985=100), up from 109.4 in November.

This follows an increase during November.

Consumers were especially positive in their…

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U.S. Housing Worth Hit $29.6 Trillion in 2016

If you want to understand how important the residential housing market is to the well-being of the U.S. economy, consider this: The total value of the U.S. housing stock grew to a record-high $29.6 trillion in 2016, according to online real estate company Zillow.

The…

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