The Traderszone Network

Published in TZ Latest News 26 January, 2016 by The TZ Newswire Staff

U.S. consumer, housing data underscore economy’s resilience

There are, however, signs the malaise from manufacturing and export-oriented industries is starting to filter into the services sector, with data on Tuesday showing activity in that vast sector hit a one-year low in January. The Conference Board said its consumer confidence index rose to 98.1 this month from 96.3 in December as households shrugged off January’s stock market sell-off and focused instead on a strengthening labor market.

read more