Gary Siegel

Texas service sector activity “increased again in November,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index rose to 24.4 from 19.2.

Service sector activity “continued to see strong growth in November,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

The consumer confidence index increased to 129.5 in November from a revised 126.2 last month, The Conference Board reported Tuesday.

Manufacturing growth in the central Atlantic region was “robust” in November, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index soared to 30 from 12.

Home prices rose 6.2% on an annual basis in September, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

The Treasury Department auctioned $34 billion of five-year notes, with a 2% coupon, a 2.066% high yield, a price of 99.688000.

Modest gains in health-care prices have kept inflation levels low, according to a Federal Reserve Bank of San Francisco Economic Letter, released Monday.

A rate hike should be appropriate “in the near future,” said Federal Reserve Bank of Dallas President Rob Kaplan.

The Treasury Department Monday auctioned $26 billion of two-year notes with a 1 3/4% coupon at a 1.765% yield, a price of 99.970650.

The Treasury Department said Monday it will sell $45 billion of four-week discount bills Tuesday.