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Keyword: consumerconfidence

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  • US consumer confidence rises to highest level since 2000

    02/27/2018 8:42:27 PM PST · by Olog-hai · 4 replies
    Associated Press ^ | Feb 27, 2018 12:23 PM EST | Paul Wiseman
    American consumers are the most confident they’ve been since 2000. The Conference Board says its consumer confidence index rose to 130.8 in February, highest since November 2000 and up from 124.3 in January. The business research group’s index measures consumers’ assessment of current conditions and their outlook for the next six months. They feel better about today’s economy than they have since March 2001. Their outlook also improved. Tax cuts passed into law last year are starting to show up in workers’ paychecks. “As people slowly absorb the details of the tax reform package, opinion polls suggest that it is...
  • Consumer confidence hits 130.8 in February vs expectation of 126.3

    02/27/2018 7:05:46 AM PST · by rdl6989 · 9 replies
    CNBC ^ | February 27, 2018 | Kevin Brueninger
    The Conference Board's measure of consumer attitudes on current and future economic conditions was expected to increase to 126.30 in February, according to a survey of Reuters economists.
  • Outside The Beltway, It's Morning In America Again

    02/22/2017 3:11:49 AM PST · by IBD editorial writer · 7 replies
    Investor's Business Daily ^ | 2/21/2017 | Staff
    Hope And Change: You'd never guess this from the end-of-the-world treatment President Trump gets in the mainstream press, but his election has unleashed a wave of optimism about the economy we haven't seen in more than a decade. This is huge news that has big implications about economic growth. The latest business leaders' survey from JPMorgan Chase finds a dramatic increase in optimism among the 1,400 middle-market executives polled. It found that 80% of these executives are optimistic about the economy, which is nearly double the share expressing optimism just one year ago. And it's the highest level since this...
  • ‘Trump Effect’ On Economy: Consumer Confidence At 15-Year High

    12/27/2016 8:36:14 PM PST · by Helicondelta · 4 replies
    Columbus Dispatch ^ | December 27, 2016
    American consumers are the sunniest they’ve been in more than 15 years, and Donald Trump’s election may be one of the reasons why. The Conference Board said Tuesday that its consumer confidence index climbed to 113.7 in December, up from 109.4 in November and the highest since it reached 114 in August 2001. It’s another sign consumers are confident in the aftermath of a divisive election campaign. “The election of Donald Trump has raised household expectations for the economy to a very high level,” Stephen Stanley, chief economist at Amherst Pierpont Securities, wrote in a research note.
  • Donald Trump has US consumer confidence near a 13-year high

    12/23/2016 10:09:52 AM PST · by Red in Blue PA · 37 replies
    The final consumer sentiment reading from the University of Michigan for 2016 came in just below a 13-year high. And it’s all about Donald Trump. Consumer sentiment hit a 98.2 in December according to the UMich survey, the highest since January 2004.
  • Positive tone from the top

    12/12/2016 7:48:31 AM PST · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 12/12/16 | Herman Cain
    Those who haven't learned will get run over Even though President-elect Donald Trump has not been sworn in yet, there appears to be a lot of optimism about things to come from his administration. The stock market didn’t just “tick” up. It has zoomed up to a new all-time record. Consumer confidence about spending and the economy is on the rise. And his cabinet and senior staff nominees are driving liberals crazy, while conservatives and patriots are cheering the nominations.
  • Americans Are Voting Again This Weekend

    11/27/2016 10:17:16 AM PST · by Strac6 · 31 replies
    She Who Must Obeyed (Mrs. Strac) | Vanity
    Mrs. Strac and three friends just returned from two hours of retail therapy. In most years, the stores at all the local malls would be overflowing with merchandise this weekend. Today, they were full of shoppers, but almost empty of items to purchase. The shelves were actually bare in many departments. Mrs. Strac questioned a number of managers and received the same reply from each. They all reported they had been overflowing with merchandise on Friday, but as soon as the stores opened, they were inundated with record numbers of purchasers. These were not just “tire-kickers” but actual buyers. In...
  • Consumer confidence falls in February

    02/25/2014 8:03:32 AM PST · by Red in Blue PA · 4 replies
    Consumer confidence sagged in February as expectations worsened, according to a private sector report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes fell to 78.1 from a downwardly revised 79.4 in January. Economists in a Reuters poll had expected 80.0. The expectations index fell to 75.7 from a downwardly revised 80.8 last month. But the present sit
  • U.S. Economic Confidence Plunges in October [Worst 1 month drop since 2008!]

    11/05/2013 8:49:24 AM PST · by SoFloFreeper · 59 replies
    Gallup ^ | 11/5/13 | Alyssa Brown
    Sixteen-point drop to -35 is sharpest in any month since Gallup Daily tracking began... Americans' confidence in the U.S. economy sank for the month of October amid the partial U.S. government shutdown and partisan bickering over the federal debt limit.....
  • U.S. Consumer Confidence Unexpectedly Drops to Two-Year Low

    10/25/2011 9:42:33 AM PDT · by traumer · 22 replies
    Oct. 25 (Bloomberg) -- Consumer confidence unexpectedly slumped in October to the lowest level since March 2009, when the U.S. economy was in a recession, as Americans' outlooks for employment and incomes soured. The Conference Board's sentiment index decreased to 39.8 from a revised 46.4 reading in September, figures from the New York-based private research group showed today. This month's reading was less than the most pessimistic forecast in a Bloomberg News survey in which the median projection was 46. Limited job availability, deteriorating home values and the threat of a European debt default are weighing on sentiment. A drop...
  • Credit Card Late Payments Hit 17-Year Low

    08/26/2011 7:11:11 PM PDT · by Clintonfatigued · 37 replies
    Main Street ^ | August 16, 2011 | Eileen A.J. Connelly
    Credit card users are so focused on keeping their accounts in good standing that they've driven the rate of late payments down to its lowest level in 17 years. The national credit card delinquency rate, or rate of payments 90 days or more past due, fell to 0.60% in the second quarter, down from 0.92% a year ago. That's the lowest rate since 1994, according to credit reporting agency TransUnion. Delinquencies were expected to drop, but the improvement in that April to June period was faster than forecast. And the improved payment habits came despite increased use of credit cards,...
  • Weak data point to sluggish economy

    05/31/2011 1:43:43 PM PDT · by mdittmar · 6 replies
    Reuters ^ | May 31, 2011 | Leah Schnurr
    A double-dip in home prices, pessimistic consumers and a slowdown in regional manufacturing raised concerns on Tuesday that the economy's soft patch could become protracted. "The question is, 'Is the softer data we're seeing transitory, or is it likely to persist throughout the remainder of 2011?' Right now, that's an open question that investors are trying to figure out," said Michael Sheldon, chief market strategist at RDM Financial in Westport, Connecticut.The U.S. economy grew at a tepid 1.8 percent annual rate in the first three months of the year, and these fresh signs suggest the recovery is still struggling to...
  • Suddenly, Something Isn't Adding Up About The Consumer (Caught messing with the numbers!)

    04/26/2011 6:28:10 PM PDT · by The Magical Mischief Tour · 29 replies
    Business Insider ^ | 04/26/2011 | Business Insider
    It may be too early to get a definitive answer on this question, but we wanted to toss out the fact that something isn't adding up regarding the consumer in April. According to the Conference Board, consumer confidence actually improved in April. Fine. But we've now got two surveys -- one from the Washington Post, and one form the New York Times -- confirming a sharp jump in worry about the direction of the economy. It seems very unlikely that consumer confidence could improve at the same time there's been a big jump in overall concern about the economy, owing...
  • Dick Morris Reports: Consumer Confidence Collapses (video)

    03/17/2011 7:00:37 PM PDT · by Signalman · 3 replies
    youtube ^ | 3/14/2011 | Dick Morris
    Dick Morris commentary on the state of the American economy. Video at link.
  • Americans very gloomy about the economy

    12/29/2010 11:25:53 AM PST · by JohnRLott · 27 replies · 11+ views
    Fox News ^ | December 29, 2010 | John R. Lott Jr.
    All the economic numbers being thrown around as the year draws to a close are bewildering. Some are positive, some are negative, but for many this week it is hard to get an overall feel for how well the economy is doing. On the upside, GDP is rising, though slowly, and economists have raised their forecasts for next year's economic growth. Retail sales this holiday season increased by 5.5 percent over last year. Inflation has remained low, just 1.1 percent over the last year. And the stock market has rebounded. Yet, there are major negatives. Most seriously, the very high...
  • Consumer Confidence Shows Suprise Drop in December

    12/28/2010 7:35:14 AM PST · by Rational Thought · 30 replies · 3+ views
    CNBC ^ | 12/28/2010 | Reuters
    <p>U.S. consumer confidence unexpectedly deteriorated in December, hurt by increasing worries about the jobs market, according to a private report released on Tuesday.</p> <p>The Conference Board, an industry group, said its index of consumer attitudes slipped to 52.5 in December from an upwardly revised 54.3 in November.</p>
  • September consumer confidence falls to 48.5

    09/28/2010 7:17:54 AM PDT · by rdl6989 · 5 replies ^ | Sept 28, 2010 | Ruth Mantell
    WASHINGTON (MarketWatch) - Consumer confidence in the economy remains "quite grim," with a monthly gauge falling to 48.5 in September, hitting the lowest level since February, the Conference Board reported Tuesday. "September's pull-back in confidence was due to less favorable business and labor market conditions, coupled with a more pessimistic short-term outlook," said Lynn Franco, director of Conference Board's consumer research center, in a statement. "With so few expecting conditions to improve in the near term, the pace of economic growth is not likely to pick up in the coming months."
  • Consumer confidence drops again in July 2010 (Recovery <strike>Summer</strike> Bummer)

    07/27/2010 11:00:02 AM PDT · by SeekAndFind · 9 replies
    Hotair ^ | 07/27/2010 | Ed Morrissey
    How has Joe Biden’s “Recovery Summer” public-relations campaign worked so far? We’re halfway through summer, and consumers have definitely reacted … but not in the way Biden and Barack Obama planned. Confidence has dropped again, below analysts’ expectations: Americans’ confidence in the economy eroded further in July amid worries about a job market that has proven stubbornly stagnant. The report raised concerns about the overall economy and the back-to-school season.The Conference Board, a private research group, said Tuesday that its Consumer Confidence Index slipped to 50.4 in July, down from the revised 54.3 in June. Economists surveyed by Thomson Reuters...
  • Confidence In Economy's Future Is At Lowest Point of Obama's Presidency

    03/02/2010 10:47:01 AM PST · by reaganaut1 · 14 replies · 565+ views
    Rasmussen Reports ^ | March 2, 2010
    Views of the country's short- and long-term economic future are gloomier these days than they have been at any time since President Obama took office in January of last year. Forty-two percent (42%) of American adults now expect the U.S. economy to be weaker in one year’s time, up three points from January and the highest level found in 14 months of regular tracking on the question, according to a new Rasmussen Reports national telephone survey. Thirty-six percent (36%) believe the economy will be stronger in a year, down two points from last month. That’s the lowest level of confidence...
  • MSM Surprised at Weakening Economy (huh?)

    02/12/2010 1:27:56 PM PST · by shockwaver · 10 replies · 454+ views ^ | July 3, 2009 | shockwaver
    “Surprise Drop in Consumer Confidence” declare the headlines. Who is it that is surprised? Neither me nor the millions of other rational observers of the present shambles that is supposed to pass for an economic revival plan. Which Americans would make a major investment in a car or appliance or home improvement when 30% of their wealth has disappeared and they are worried about whether they will have a job next year? Middle America is watching a congress that wants to tax their health care and pass an energy bill that will increase the cost of essentially everything they must...