Fannie Mae Report Shows Consumers Optimistic About Economy
According to results from Fannie Mae's most recent National Housing Survey, amid continued strengthening in employment, consumer optimism toward the economy is growing and appears to be contributing to further improvement in overall housing sentiment.
The share of respondents who believe the economy is headed in the right direction increased 3 percentage points last month to an all-time survey high of 47%, while the share who believe it is headed in the wrong direction decreased to 45%, a new survey low.