Daily Three: Favorable First Quarter GDP Revision, Unexpected High In Consumer Confidence and Home Prices Rise Steadily
- First quarter GDP has been revised to a seasonally adjusted rate of 1.1%, however remains slowest pace in a year. The Wall Street Journal
- Consumer confidence hits an unexpected 8-month high of 98 in June. CNBC
- Case-Shiller 20 city home price index (HPI) had a steady rise in April but fails to meet expected appreciation. Forbes