US Consumer Confidence Rises as New-Home Sales Slump

The video discusses the rise in consumer confidence, with a reading of 111.7, up from previous months. However, the housing market faces challenges with a significant drop in new home sales and rising prices. Inflation expectations have declined, and while job availability seems promising, there is uncertainty about the labor market. The upcoming jobs report is anticipated to provide more clarity.

What trend is observed in consumer expectations regarding job availability?

What uncertainty is mentioned regarding the upcoming jobs report?