MarketMinute | Affordability improves!
Job openings fell last month to 6.9 million, and hiring dropped to the lowest level in almost 6 years, signs of a sluggish labor market. Consumer confidence improved slightly in March, though households remain uneasy about the job market and rising inflation. After 3 months of declines, February’s retail sales saw their biggest increase in 7 months, suggesting the economy is on solid footing. Home prices rose 1.6% year over year in January, according to the FHFA Home Price Index. The monthly...
READ MORE
