Consumer confidence dips in February
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 27 February 2024
⏱️ 1 minutes
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Summary
Stocks close mixed; consumers surveyed show more uncertainty over labor market; durable goods orders rise; home prices up in December.
Transcript
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| 0:00.0 | This is the Marketplace Minute. I'm Justin Ho. Stocks were mixed on Tuesday. The Dowel fell a quarter of a percent, but the S&P rose 2 tenth percent, and the NASDAQ gained 4 10% percent. |
| 0:15.0 | Consumers surveyed by the Conference Board this month |
| 0:17.5 | said they're less confident in the economy than they were in January. |
| 0:21.0 | The Conference Board says that's assigned people are more uncertain about the labor market and business conditions. That said people were less concerned about food and gas prices. |
| 0:30.0 | Durable goods orders rose slightly between December and January, according to the Commerce Department. |
| 0:36.0 | That's after stripping out aircraft orders, which are volatile month to month. |
| 0:40.0 | Most of the increase was thanks to orders of computers and other electronics. |
| 0:44.0 | And home prices rose 2 tenth percent in December from the month before, |
| 0:48.6 | according to the S&P CoreLogic Case Schiller National Home Price Index. Prices were up 5.5% over the last year. I'm Justin Ho with the Marketplace Minute. You're going to. |
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