Economic Snapshot: Consumer confidence at highest level in 16 years

Following a trend over the last few months of soaring consumer confidence, the index is now at its highest level since December 2000. Consumer confidence Consumer confidence increased from 116.1 in February to 125.6 in March. The Present Situation Index rose from 134.4 to 143.1 and the Expectations Index increased from 103.9 to 113.8. The …
Boating Industry

Economic Snapshot: Consumer confidence rises to 15-year high

Consumer confidence is up again this month, now at its highest level in 15 years. Consumer confidence The Consumer Confidence Index posted another gain in December after a considerable increase in November. The index now stands at 113.7, up from 109.4 last month. The Expectations Index jumped from 94.4 to 105.5 but the Present Situation …
Boating Industry

Economic Snapshot: Builder confidence at 11-year high

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) surged in September, rising to its highest level since before the housing market crash. And while housing starts were down this month, they are still up year over year. Housing Market Index Builder confidence jumped six points to 65 in September, up from a …
Boating Industry

Economic Snapshot: Consumer confidence at 11-month high

Consumer confidence, which had decreased slightly in July, increased in August by almost five points – from 96.7 to 101.1. This is the index’s highest reading since September 2015. The Present Situation Index jumped from 118.8 to 123.0 and the Expectations Index rose from 82.0 to 86.4. Consumers stating business conditions are “good” increased from …
Boating Industry

Economic Snapshot: Builder confidence rises two points in August

Builders expect the housing market to continue on an upward trajectory for the remainder of the year. Housing Market Index Builder confidence rose two points to 60 in August, up from a downwardly revised reading of 58 in July. “Builder confidence remains solid in the aftermath of weak GDP reports that were offset by positive …
Boating Industry

Economic Snapshot: Builder confidence rises after four months of stagnation

This increase follows four months of the index holding steady and is the highest reading since January 2016. Housing Market Index Builder confidence in the market for newly constructed single-family homes rose two points to a level of 60 in June. “Builders in many markets across the nation are reporting higher traffic and more committed …
Boating Industry

Economic Snapshot: Consumer confidence declines after September increase

After a moderate increase in September, consumer confidence declined in October. Consumer confidence has been bouncing back and forth for most of the year, but it remains higher than October 2014 when it was 94.5, the highest level the index had seen since 2007 at the time. Consumer confidence Consumer confidence declined in October, which […]
Boating Industry

Economic Snapshot: Builder confidence at highest level since 2005

Builder confidence rose this month, returning to levels seen at the end of 2005 near the completion of the housing boom. Builder confidence The Housing Market Index rose three points to 64 in October, the highest the index has seen in nearly a decade. The index has held in the 60s since June 2015. “With […]
Boating Industry

Economic Snapshot: Builder confidence reaches highest level since 2005

This week we take a look at the state of confidence and optimism for homebuilders and small businesses, both of which look wildly different from one another for the month. Housing market index Builder confidence in July rose to a level of 60, the highest level for the Housing Market Index since November 2005. The […]
Boating Industry