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US economic indicators exceed forecasts


Avril, 27 2021
watermark Economic news

According to the research organization Conference Board, the index of consumer confidence in the United States in April rose to 121.7 points compared with the revised index of 109 points in March. Earlier, the indicator value for March was estimated at 90.7 points. Analysts had expected the index to reach 113 points.


Successful vaccination of the population, as well as a visible improvement in economic performance, has a positive effect on American sentiment. The indicator of the attitude of American consumers to the current financial situation in April soared to 139.6 points from 110.1 points in the previous month.


Experts point out that consumer confidence has skyrocketed over the past two months and is now at its highest level since February 2020.


In addition, the S&P CoreLogic Case-Shiller Home Price Index for the 20 largest US cities jumped 11.9% year-on-year in February, the fastest growth since March 2014. In monthly comparison, the indicator increased by 1.2%.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.