Consumer confidence index in US rose to 98.1 in January
[WASHINGTON] The Conference Board's index of consumer confidence increased to 98.1 in January from 96.3 a month earlier, the New York-based private research group said Tuesday.
The median forecast of 75 economists in a Bloomberg survey called for a reading of 96.5, with estimates ranging from 90 to 100.
Among other reports Tuesday, home prices in 20 US cities rose by the most since July 2014. The S&P/Case-Shiller index of property values increased 5.8 per cent in November from the same month a year earlier.
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Restaurant Brands tops estimates as Burger King overhaul pays off
Walmart to shut all health centers in US over lack of profitability
Coca-Cola raises annual sales forecast on global demand, higher prices
Dying salmon trouble Norway’s vast fish-farm industry
Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too
Billionaire Geiger is said to near US$7 billion L’Occitane buyout