Despite inflation concerns and ongoing production bottlenecks, the National Association of Home Builders released a report on Wednesday showing a modest improvement in U.S. homebuilder confidence in the month of December.
The report said the NAHB/Wells Fargo Housing Market Index inched up to 84 in December from 83 in November, reaching its highest level since a matching reading in February. The uptick came in line with economist estimates.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.