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25th Mar 2022 00:20U.S., Daily Monitor

  • Near-real-time measures of consumer activity have continued to rise, despite the surge in gas prices.
  • The sharp decline in mortgage applications signals downside risk for February pending home sales.
  • Seasonal adjustment issues likely explain much, or even all, the decline in core February durable orders.

business surveys capex capital goods durable goods energy fuel gas prices home sales January manufacturers March mortgage mortgage applications mortgage rates pending home sales pending sales index restaurants sales numbers surveys u.s. us

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Keywords for: No Sign Yet that Higher Gas Prices are Hurting Consumption

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