Consumers Keep a Stiff Upper Lip
How are consumers—and homebuyers—holding up amid the current financial-market and geopolitical uncertainty? Surprisingly well, in ' view, judging from two economic reports for June released July 25. Though U.S. consumer confidence figures are being weighed down by high gasoline prices, falling stock prices, a tightening Fed, and a deteriorating situation in the Middle East, the numbers remain notably robust, with significant strength in the important "present situation" index.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.