Home-Buying Hope Crashes To 5-Year Low, Drags Consumer Confidence Lower

Friday, September 29, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Sep 29, 2017

Americans’ confidence in the economy has waned slightly following Hurricanes Harvey and Irma, which caused more than $100 billion in damage, pushed up gas prices and spurred a jump in unemployment filings.

Overall, Bloomberg reports that the share of consumers expecting good times financially in the economy fell to 47 percent from 54 percent in August.

Share of consumers judging home-buying conditions as favorable was at five-year low…

The Rest…HERE

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