Homebuilder confidence in the U.S. has unexpectedly seen a modest improvement in the month of February, the National Association of Home Builders revealed in a report on Wednesday.
The report said the NAHB/Wells Fargo Housing Market Index inched up to 84 in February after falling to 83 in January. Economists had expected the reading to be unchanged from the previous month.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.