top of page

Consumer Confidence Improves Going into Last Trading Week

  • Ballestas Group
  • Dec 26, 2022
  • 1 min read

Updated: Dec 27, 2022

The Senate approved the budget for fiscal year 2023, which contemplates spending of USD 1.7 trillion. It includes a defense budget valued at USD 858,000 million and 800,000 million in other items. This represents an increase of 9.3% over the previous year.

The Bureau of Economic Analysis of the US Department of Commerce upwardly revised the GDP estimates for the third quarter. The first estimate had been 2.6%, later revised to 2.9%, to finally settle at 3.2%, exceeding consensus forecasts, which expected it to remain at 2.9%.

Home sales fell 35.1% in November, the biggest drop recorded by Redfin Corporation, a company in charge of analyzing real estate brokerage in the United States.

The consumer confidence index, prepared by the Conference Board, shot up with a jump from 101.4 in November, to 108.0 for December.



Recent Posts

See All

Comments


ballestas-logo-blanco-1.png

Securities Offered Through Bolton Global Capital, Inc. Member FINRA, SIPC 

Advisory Services Offered Through
Bolton Global Asset Management, a SEC Registered Investment Advisor

Ballestas Group, Bolton Global Capital and Bolton Securities are not affiliated with BNY Mellon or Pershing, LLC.

State securities laws require that your Financial Representative be registered in the state in which you live.  For this listing, please refer to the Broker Check Link provided.

Check the background of your financial professional or our broker-dealers and registered investment advisor on FINRA's BrokerCheck. ​Bolton Global Capital, Bolton Global Asset Management and their financial professionals do not provide tax services. Copyright Bolton Global Capital, LLC, a registered broker-dealer.  For more information, visit https://finra.org or https://sipc.org.  Copyright Bolton Securities Corporation, d/b/a Bolton Global Asset Management and other trade names, a federally registered investment advisor.

 

Click on the following LINK for copies of the firms’ Form ADV, Client Relationship Summary, Brokerage and Advisory Accounts Fee and Conflicts Disclosure and other important disclosure information.

Ballestas Group © 2023. All Rights Reserved.

MB1/MBA0001d

bottom of page