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Consumer sentiment hits highest point since July
Consumer confidence in the U.S. hit its highest level since last July, according to the Thomson Reuters/University of Michigan preliminary index of consumer sentiment. The index was at a reading of 82.6 this month, up from a four-month low of 80 in March. Further improvement in the labor market following a weather-related slowdown earlier in the year was cited for the gain. For more, click here...

U.S. construction spending edges higher
Construction spending during February was estimated at a seasonally adjusted annual rate of $945.7 billion, 0.1% higher than the revised January estimate and 8.7% above the February 2013 estimate, according to the Census Bureau. Residential construction was at a SAAR of $360.4 billion in February, 0.8% below the revised January estimate. For more, click here...

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Thursday, April 17, 2014


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