2 recent reports offer opposing views of the economy - Home News Now
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2 recent reports offer opposing views of the economy - Home News Now
Consumer confidence was up significantly in May, while the April Pending Home Sales Index declined 6.3% from March WASHINGTON — Two recent economic reports offer contrasting views of economic activity heading into the late spring and early summer months. First the good news. The Consumer Confidence Board reported on May 27 that the Consumer Confidence Index rose 12.3 points in May, to 98, from 85.7 in April. Meanwhile, the Present Situation Inde…
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