Consumer Confidence Skyrockets!
Consumer attitudes are staying positive and have reached level breaking highs
The Conference Board has been acquiring data to show that the Consumer Confidence Index hit 125.6 in March, it's highest level since December 2000. They also noticed that the short term outlook for business, jobs and personal income prospects are extremely optimistic. In the past, higher level of confidence leads to a pickup in future economic activity. What does this mean for the real estate community? New homes sold in February rose 6% from the beginning of the year to show it has reached it's best level in months!
To stay up to date, check out the full article on CNBC.
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