4628 Outlook

Economic Outlook: February 26, 2021

Feb 26, 2021  | Ep4628

If confidence is more about actions than feelings, the government reports used as a barometer are speaking volumes right now.

New home sales blew past expectations with a 4.3 percent jump. Lumber prices are up 130 percent over last year.

The measuring stick of orders for long-lasting items extended its winning streak to nine months. A surge in orders for civilian aircraft led the report.

When the volatile transportation sector is removed, the core rate improved 1.4 percent. 

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