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Guardian Stockbrokers Key Economic News Friday 24 December 2021

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.

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US consumer sentiment index rose more than anticipated in December

In the US, the final consumer sentiment index advanced to 70.60 in December, compared to a reading of 67.40 in the prior month. Markets were expecting the index to record an advance to 70.40.

US new home sales advanced in November

In the US, new home sales climbed 12.40% on a MoM basis in November, compared to a revised fall of 8.40% in the previous month.

US durable goods orders rose more than expected in November

In the US, the preliminary durable goods orders advanced 2.50% on a MoM basis in November, compared to a revised rise of 0.10% in the prior month. Markets were expecting durable goods orders to record a rise of 1.50%.

US number of initial jobless claims remained steady in the week ended 17 December 2021

In the US, the seasonally adjusted number of initial jobless claims remained unchanged at 205.00 K in the week ended 17 December 2021.

US personal spending climbed as expected in November

In the US, personal spending climbed 0.60% on a MoM basis in November, as expected and compared to a revised rise of 1.40% in the previous month.

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