Home sales are strong and the U.S. economy continues to expand as the third-quarter real GDP was revised upward to 3.9 percent. However, several variables pointed to mixed feelings going forward. Consumer confidence declined for the fifth consecutive month. Leading economic indicators also declined for the fifth month in a row. According to a recent Wall Street Journal article, economists have been hesitant to put too much emphasis on these declines because other economic factors have been positive.
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