Full text of U.S. Financial Data : December 30, 1999
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December 30, 1999 USFinancialData THE WEEK’S HIGHLIGHTS: s The Conference Board’s Consumer Confidence Index closed the century at 141.4, the second-highest reading in its 32-year history. The record high was 142.3, registered in October 1968. The Conference Board’s Expectations Index, a barometer of business trends, rose to 114.7, up from its level of 110.4 in November. s The Index of Leading Economic Indicators increased by 0.3 percent in November to stand at 108.3. Six of the ten components of the index contributed to the November advance. s The final estimate of real GDP shows that the economy expanded at a 5.7 percent annual rate during the third quarter of 1999. The preliminary estimates, reported last month, had the economy expanding at a 5.5 percent annual rate. During the first three quarters the economy increased at a 3.7 percent annual rate, only slightly slower than the 4.2 percent annual rate for the same period in 1998. s Sales of existing single-family homes rose 6 percent in November. The 5.1 million units sold marks a rebound from last month’s sales of less than 5 million units. Monthly sales of existing homes averaged 5.2 million for the first 11 months of the year, compared with an average of 4.9 million units for the same period in 1998. All data are seasonally adjusted unless otherwise indicated. U.S. Financial Data is published weekly by the Research Division of the Federal Reserve Bank of St. Louis. For more information on data, please call (314) 444-8590. To be added to the mailing list, please call (314) 444-8808 or (314) 444-8809. Information in this publication is also included in the Federal Reserve Economic Data (FRED) electronic bulletin board at (314) 621-1824 or internet World Wide Web server at www.stls.frb.org/fred.