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U.S. Economic Snapshot – December 2016

Source: The Conference Board

“Consumer Confidence improved further in December, due solely to increasing Expectations which hit a 13-year high (Dec. 2003, 107.4),” said Lynn Franco, Director of Economic Indicators at The Conference Board. “The post-election surge in optimism for the economy, jobs and income prospects, as well as for stock prices which reached a 13-year high, was most pronounced among older consumers. Consumers’ assessment of current conditions, which declined, still suggests that economic growth continued through the final months of 2016. Looking ahead to 2017, consumers’ continued optimism will depend on whether or not their expectations are realized.”

US Economic Snapshot

•       “The Conference Board Consumer Confidence Index Increased in December” – 12/27/16

•       “The Conference Board Leading Economic Index (LEI) for the U.S. Remains Flat in November” – 12/22/16

•       “December 2016 Manufacturing ISM Report on Business” – 01/03/17

•       “December 2016 Non-Manufacturing ISM Report on Business” – 01/05/17

•       “Advance Monthly Sales For Retail And Food Services November 2016” – 12/14/16

•       “Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders November 2016” – 12/22/16

•       “New Residential Construction in November 2016” – 12/16/16

•       “Employment Situation Summary” – 01/06/17