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Currency | Actual | Forecast |
The S&P/Case-Shiller Composite-20 y/y is a yearly economic indicator that tracks changes in home prices for 20 major metropolitan areas in the United States. This index is calculated by Standard & Poor's and measures the year-over-year percentage change in home prices, based on a three-month moving average.
The S&P/Case-Shiller Composite-20 y/y is an important economic indicator because it provides a long-term perspective on the state of the housing market, which is a key driver of economic growth and consumer spending in the United States. It helps to identify trends in the housing market and provides a sense of how the market is evolving over time. A sustained increase in home prices can be a positive sign for the economy, indicating that homeowners are building equity and may be more likely to spend on goods and services. However, sustained decreases in home prices can signal economic weakness, leading to reduced consumer confidence and decreased spending. Investors and policymakers also pay close attention to the S&P/Case-Shiller Composite-20 y/y as it can provide valuable insights into the state of the overall economy. Increases in home prices can be a sign of a growing economy, while decreases can signal an economic downturn.
ADP Employment Change |
Average Hourly Earnings NEXT:6-Dec-2024 |
Average Weekly Hours NEXT:6-Dec-2024 |
Budget Balance NEXT:11-Dec-2024 |
Building Permits NEXT:18-Dec-2024 |
Business Inventories / Sales Ratio NEXT:17-Dec-2024 |
Business Inventories m/m NEXT:17-Dec-2024 |
Business Inventories y/y NEXT:17-Dec-2024 |
Business Sales m/m NEXT:17-Dec-2024 |
Business Sales y/y NEXT:17-Dec-2024 |
Capacity Utilization Rate m/m NEXT:17-Dec-2024 |
Capital Account Balance NEXT:18-Dec-2024 |
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