BVR's June 2017 U.S. Economic Outlook Update reveals consumer confidence is up 1.3% percentage points, but consumer sentiment index decreased 2.0 points

Highlights include a 0.6% increase in the leading economic index, making it the sixth consecutive month of gains, while the consumer sentiment index decreased 2.0 points in June, to 95.1 points, a seven-month low for the survey. Nevertheless, the consumer sentiment survey posted its highest six-month average in the first half of 2017 since the second half of 2000, as it rides on the strength of the personal financial situation of consumers. This month's decline may be a sign that consumers' attitudes may have begun to sour as the bipartisan divide has kept any legislation from passing Congress. See more stats in our June 2017 infographic detailing these numbers.

 Highlights of the June 2017 Economic Outlook Update infographic include:

• Consumer confidence rose 1.3% percentage points
• Housing starts increased in June and are up 2.1% from one year ago
• Existing home sales decreased 1.8% in June, but are up 0.7% from one year ago
• The services sector grew for the 90^th straight month in June
• The manufacturing sector index increased to 57.8% (a reading above 50% indicates the manufacturing economy is generally expanding)

About the Economic Outlook Update

The Economic Outlook Update monthly and quarterly reports digest expansive U.S. economy research from leading authoritative sources into one convenient and cost-effective report. Each report breaks down where the economy stands on:

• Unemployment
• Consumer spending
• Stocks and bonds
• Real estate market
• Economic outlook
• Energy prices
• Interest rates
• And, much more

For more information, please contact Sarah Andersen at (971) 200-4853 or [email protected].

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Contact:
Sarah Andersen, Publisher
Business Valuation Resources, LLC
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Portland, OR 97201
Phone: (503) 479-8200
Fax: (503) 291-7955
Website: bvresources.com  
Email: [email protected]

SOURCE Business Valuation Resources

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