With
regard to the economy overall, 41 percent of consumers now believe the economy is on the right track, up from 33 percent last month, while 53 percent believe the economy is on the wrong track, compared with 60 percent the prior month.
If it persists, this month's decrease in optimism
regarding the direction of the
economy, which appears
to coincide with rising uncertainty
regarding the outlook for pro-growth legislation this year, could weigh on
overall housing sentiment in the second half of the year.»