Demand for new U.S. homes was stronger than projected in March, showing more jobs and cheaper borrowing costs are helping stabilize the market.
The number of Americans filing applications for unemployment benefits last week remained elevated, indicating the partial federal shutdown this month weakened the world’s largest economy.
"Confidence is very volatile; it can bounce around from month to month."
- Ryan Sweet on Sep 30, 2014
Moody’s Sweet Sees Retail Sales `Holding Up'
Moody’s Analytics's Sweet Says Consumers Holding Up
Sweet Says Latest Economic Data Is `Worrying'
Sweet Says Job Market Has `Taken a Step Back'