Austin Weinstein

Business

Homebuilder Confidence Rises to Highest Since June 2005

Luke Sharrett/Bloomberg News

Confidence among U.S. homebuilders is the strongest since the mid-2000s housing boom as sales prospects improve despite rising mortgage rates, according to data March 15 from the National Association of Home Builders/Wells Fargo.

Austin Weinstein | Bloomberg News
March 15, 2017
Business

Consumer Comfort Just Reached Its Highest Level in a Decade

dalioPhoto/Flickr

Americans’ confidence continued to mount in the week ended March 3 as the Bloomberg Consumer Comfort Index reached the highest point in a decade on more-upbeat assessments about the economy and buying climate, figures showed March 9.

Austin Weinstein | Bloomberg News
March 9, 2017
Business, Government, Logistics

Consumer Comfort Hits 10-Year High on Economic Outlook

Mark Nye/Flickr

Consumer comfort rose to an almost 10-year high in the final week of February on increased optimism about the U.S. economy and more favorable views about personal finances and the buying climate, the weekly Bloomberg Consumer Comfort Index showed March 2.

Austin Weinstein | Bloomberg News
March 2, 2017
Business

Consumer Sentiment Shows First Drop Since US Election

David Paul Morris/Bloomberg

Consumer confidence fell for the first time since November’s election, as party lines divided Americans following a boost in enthusiasm for the new administration’s economic policies.

Austin Weinstein | Bloomberg News
February 24, 2017
Government, Business

Trump's Nafta Revamp Could Hit Close to Home for Key US Industries

Daniel Acker/Bloomberg News

American companies importing vehicles and their parts, electronics and fruit from south of the border would be well-advised to keep a close eye on the future of Nafta.

Austin Weinstein | Bloomberg News
February 24, 2017
Government, Business

Trump May Need a Second Term to See Fruits of His Trade Deals

Andrew Harrer/Bloomberg News

So far, President Trump has mostly declared policy 140 characters at a time, or through flurries of executive orders. But history shows that trade deals, a major priority for the new administration, are the opposite of quick tweets: a painstakingly slow process.

Austin Weinstein | Bloomberg News
February 9, 2017
Business, Government, Logistics

Consumer Comfort Increases on Optimism About Economy

David Paul Morris/Bloomberg News

American consumer sentiment climbed last week as views on the economy matched the highest level since 2007, according to figures in the Bloomberg Consumer Comfort Index released Feb 2.

Austin Weinstein | Bloomberg News
February 2, 2017
Business

Pending-Home Sales Rebound Despite Rise in Mortgage Rates

Ron Antonelli/Bloomberg News

Contracts to buy previously owned U.S. homes rebounded last month as buyers adjusted to the recent jump in mortgage rates, according to figures released Jan. 30 from the National Association of Realtors in Washington.

Austin Weinstein | Bloomberg News
January 30, 2017
Business

Survey Shows Wide Partisan Gap Post-Trump in Consumer Sentiment

Daniel Acker/Bloomberg News

Republicans expect the U.S. economy to boom and Democrats see a bust after Donald Trump’s election as president, a sharp reversal from sentiment a few months before the vote, according to a University of Michigan consumer survey.

Austin Weinstein | Bloomberg News
January 20, 2017
Business

American Consumers’ Economic Expectations Are the Highest Since 2002

Erin Nekervis/Flickr

American consumers were the most upbeat about the economy in January than at any time in almost 15 years, according to Bloomberg Consumer Comfort Index figures released Jan. 19.

Austin Weinstein | Bloomberg News
January 19, 2017

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