So far this week, we’ve continued a string of good news following last week’s focus on banking reform. More specifically reports on consumer confidence and the housing market confirm the worst of the recession’s detriments are now behind us.
First in December, existing home prices firmed significantly — up a sizable 4.9% on the median to [...]

Recent days have seen continued rebounds in housing, corporate profit reports and consumer confidence.
Two reports early this week point to continued progress in residential housing resales. On Monday the National Association of Realtors implied that the home-buyer tax credit will likely sustain the housing market throughout next year. In October, first-time buyers used the tax [...]

Thursday we got another indication that the U.S. economy is returning to strong growth. The government’s first estimate for the third quarter came in at a 3.5 percent annual pace.
Again most economists were wrong. The consensus was for only a 3.2% jump. In fact several analysts had actually lowered their estimates yesterday [...]

Three of our favorite blogs are: Positive Economic News, Carpe Diem, and Calafia Beach Pundit. Each posted a over abundance of great economic news last week:
From Positive Economic News:
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1. Toyota raised its world 2009/10 sales forecast by 3 percent citing a recovery in demand for autos.
2. September consumer confidence is now at its highest [...]

The Conference Board’s index of U.S. leading economic indicators rose for the fifth straight month in August. The streak represents the longest string of LEI gains in five years. The data further bolsters our view that growth likely began in June and will continue to strengthen through the end of the year. [...]

Wednesday saw significant spikes in confidence from four important market groups:
1. The Consumer: On Wednesday the Rasmussen Consumer Index, which measures consumer confidence on a daily basis, rocketed to its highest level in exactly one year.
2. Investors: Also on Wednesday, the Rasmussen Investor Index spiked to its highest level in over a year. Investor [...]

The Rasmussen Consumer Confidence Index, rose to its highest reading so far this year on Wednesday. At 79.9, the index is now at its highest level since just a few days after the Lehman Brothers collapse — which many analysts mark as the start of last year’s financial crisis. The consumer index (which is refreshed [...]

Consumer confidence indexes continued their march higher in May. The widely watched University of Michigan and Reuters index rose in its final reading of the month reaching it’s highest level since last September.
Previously the Michigan index rose to 68.7 from 65.1 in April.
The more dynamic Rasmussen consumer index also continues to post solid gains. [...]

Consumer confidence is surging, investment fear is subsiding, and brave buyers are wading back into the existing home market.
On Wednesday the National Association of Realtors said that sales of existing homes rose 2.9 percent. The annual rate now stands at 4.68 million homes, up from the 4.55 million annualized rate in March.
The results were [...]