The Housing Chronicles Blog: Consumer sentiment dips slightly in early November survey

Friday, November 10, 2017

Consumer sentiment dips slightly in early November survey

Consumer sentiment declined slightly in early November due to widespread losses across current and expected economic conditions. The losses were quite small as the Sentiment Index remained at its second highest level since January. While the expected Fed rate hikes seem to be the right preemptive action, the critical issue is whether income gains will be sufficient to outweigh rate hikes in home and vehicle purchase decisions.

READ MORE

No comments: