Consumer Confidence Rising
Consumer’s confidence and willingness to dole out cash is on the rise, according to the 2014 Major Purchase Consumer Study by Synchrony Financial. The study, in its third year, found that of the shopper surveyed four of 10 indicate the willingness to make a $500 or more purchase within the next 12 months, a jump
Consumer Confidence Sinks Further
Coming off of a tough December, the Conference Board’s Consumer Confidence Index fell further in January. The index fell to 58.6 for the month, compared to 66.7 registered in December. The index compares today’s current confidence levels using 1985 as the baseline. "Consumer confidence posted another sharp decline in January, erasing all of the gains
Confidence Shaken, Drops for First June Reading
U.S. consumer confidence continued to fall, with the University of Michigan-Thomson Reuters index dropping to 74.1 on an initial reading of June results. That index represents the lowest level since December 2011, and was down sharply from 79.3 in May. While the decrease apparently didn’t surprise economists, who had expected weak jobs data and shaky
Consumer Confidence Index Falls in May
The Conference Board index of U.S. consumer confidence declined in May, the third consecutive month the CB index went negative. CB’s consumer confidence index fell to 64.9 in May from a 68.7 mark in April. That was the lowest result since January. "Consumers were less positive about current business and labor-market conditions, and they were
Consumer Confidence Jumps in February
U.S. consumers are gaining confidence, according to the latest gauge released by the Conference Board. The Board’s consumer confidence index rose to 70.8 in February, the highest level in a year, and well up from a revised 61.5 mark in January. "Consumers are considerably less pessimistic about current business and labor market conditions," said Lynn
Consumer Confidence Up Slightly in September
With employment expectations improved, the Conference Board reported that consumer confidence ticked up in September. The Conference Board said its consumer-confidence index rose to 45.4 in September from 45.2 in August, when it had plunged on U.S. debt concerns and other factors. Economists surveyed by CBS MarketWatch had expected a September reading of 46.1.
Consumer Confidence Continues Fall-Off
Consumer confidence plunged in August, according to the Conference Board, as Americans’ expectations on future business conditions, jobs and income fell. The Conference Board reported that its consumer-confidence index fell to 44.5 in August, the lowest level since April 2009 and down from July’s 59.2 mark. "A contributing factor may have been the debt ceiling
July Consumer Confidence Index Rises
The Conference Board reported that consumer confidence rose in July on improved expectations. The organization’s consumer confidence index increased to 59.5 in July from 57.6 in June, and 4 points greater than the expectations of a number of economists. The Conference Board’s “expectations barometer” also rose in July, hitting 75.4 vs. 71.6 in June. “Overall,
Consumer Confidence Continues to be Fleeting
Consumers are growing increasingly wary of the economy, employment and fuel prices, according to the latest consumer confidence survey by Thomson Reuters/University of Michigan. According to the survey, consumer confidence fell to 63.8 in early July, the lowest level since March 2009 and down sharply from June’s 71.5 index level. The fall-off also exceeded economists’
Consumer Confidence Falls to Seven-Month Low
Consumer confidence took another header, falling to a seven-month low in June thanks to ongoing concerns over jobs, "stagnating wages" and higher gas and food prices. The Conference Board’s Consumer Confidence Index slipped to 58.5 in June, down from a 61.7 mark in May. "Given the combination of uneasiness about the economic outlook and future