Consumer confidence fell to a 5-month low in February, with fewer consumers planning to spend on homes, automobiles, and vacations.

Concerns over even greater inflation are mounting this week, as oil prices surged to more than $100 a barrel for the first time since 2014.

The labor market continues to show strength. Last week's unemployment claims were lower than expected, and continuing claims hit a 52-year low.

Homebuilder confidence fell for the 2nd straight month, as builders face delays for cabinets, garage doors and appliances needed to finish homes.

January existing home sales jumped 6.7% over December, even though the supply of homes for sale fell to a record low, down 16.5% from a year ago.

The Federal Housing Finance Agency reported U.S. house prices rose 17.5% overall from the 4th quarter of 2020 to the 4th quarter of 2021.