Investor sentiment is mixed as economic data reveals some challenges. Inflation has increased, affecting consumer habits. Despite this, consumer spending is rising, and home sales are growing. However, the job market shows hints of cooling, and overall confidence is down.
- Inflation rates rose to 2.5% year-over-year.
- Consumer spending increased by 0.4% in February.
- Home sales for new builds rose by 1.8% in February.
- Unemployment claims decreased slightly to 224,000.
Metric | Current Value |
---|---|
Inflation Rate | 2.5% |
Consumer Spending Growth | 0.4% |
New Home Sales Increase | 1.8% |
Unemployment Claims | 224,000 |