As new home sales record their biggest gain in 24 years, investors wonder if an interest rate hike can be far behind. Lucia Mutikani reports on the strengthening US economy for Reuters. For those who continue to fear a recession, the latest report from The Conference Board offers some reassurance. Doug Short analyses the numbers predicting economic growth in the Leading Economic Index. It appears that insurance rates will be rising as well, at least for Georgia residents. In 2017 some premiums may rise by double-digit percentages on the state health insurance exchange. Despite this, there’s good news for people whose incomes don’t change much. Andy Miller covers the story for Georgia Health News.
U.S. New Homes Sales Hit Eight-Year High, Point To Firming Economy– New U.S. single-family home sales recorded their biggest gain in 24 years in April, touching a more than eight-year high as purchases increased broadly, a sign of growing confidence in the economy’s prospects. Tuesday’s report from the Commerce Department, which also showed a surge in new home prices to a record high, offered further evidence of a pick-up in economic growth. Read more…
Leading Economic Index Indicates Continued Growth– The Leading Economic Index is published monthly by the conference board. This index has predicted every recession in the U.S. for the last sixty years. The April index points to a moderate growth trend continuing in 2016. Read more…
Georgia Health Insurance Exchange Rates Could Soar In 2017– Many Georgians may see their monthly premiums rise by double-digit percentages on the state health insurance exchange in 2017. If approved by regulators, these rates will vary significantly depending on the plan, the region of the state and the insurer. Read more…
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