Strong labor market boosts U.S. consumer confidence

Strong labor market boosts U.S. consumer confidence May 28, 2019 – 1:28 PM Reuters – lucia mutikani consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories.

WASHINGTON (Reuters) – U.S consumer confidence surged to a near 17-year high in November, driven by a robust labour market, while house prices rose sharply in September, which should underpin consumer.

Strong labour market boosts US consumer confidence Yield on the benchmark 10-year note drops to its lowest level since October 2017 28 May 2019 – 20:16 Lucia Mutikani

Strong Labor Market Boosts Consumer Confidence (5/30/2019) Story by RVBusiness Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories.

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WASHINGTON (Reuters) – Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories.

WASHINGTON: Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite. Strong labor market boosts US.

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Strong Labor Market Boosts U.S. Consumer Confidence More FILE PHOTO: Shoppers walk through the King of Prussia Mall, United states’ largest retail shopping space, in King of Prussia, Pennsylvania.

Looking at the condition of the labor market, we see that US consumption is affected by personal income and outlay, vehicle sales, consumer confidence. vehicle sales were strong from July through.

With the unemployment rate at near fifty year lows, and job growth outpacing the growth of the labor force, it’s no surprise.

WASHINGTON (Reuters) – U.S. in the Labor Department’s employment report and is consistent with further absorption of labor market slack. The labor market is near full employment, with the.

US new-home sales fell 6.9% in April  · WASHINGTON – Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers. The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000 in April, down from 723,000 in March.

WASHINGTON – A strong job market and low gasoline prices helped boost U.S. consumer confidence again this month. wrote in a research note. "A resilient labor market and low gasoline and utilities.