Tags: federal reserve | Americans | Earnings | Home Prices

Americans More Upbeat On Earnings, Home Prices: NY Fed Survey

Monday, 13 July 2015 12:20 PM

Americans expected higher earnings and home-price growth last month, according to a Federal Reserve Bank of New York survey that also found little change in inflation expectations.

The New York Fed's survey of consumer expectations, released on Monday, found median earnings growth expectations rose to 2.5 percent in June from 2.3 percent in May, among the highest readings since the poll started in mid-2013.

Home price-change expectations rose to 3.5 percent, a high water mark for the year but still below last year's average.

The survey, which taps about 1,200 respondents on a 12-month rotating basis, found one- and three-year-ahead inflation expectations each edged slightly higher to 3 percent.

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Americans expected higher earnings and home-price growth last month, according to a Federal Reserve Bank of New York survey that also found little change in inflation expectations.
federal reserve, Americans, Earnings, Home Prices
109
2015-20-13
Monday, 13 July 2015 12:20 PM
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