Keyword: consumerconfidence

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  • 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 years 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. Thats 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...
  • Consumer Confidence Dips Due to Jobs - And the Price of Oil?

    10/28/2009 3:16:55 AM PDT · by Son House · 23 replies · 1,501+ views
    Seeking Alpha ^ | October 28, 2009 | Seeking Alpha
    U.S. consumers turned decidedly more pessimistic in October, according to a report released Tuesday, with households increasingly worried about job prospects. The Conference Board, a private research group, said its monthly Consumer Confidence Index fell to 47.7 this month, from a revised 53.4 in September, which was originally reported as 53.1. The current month's reading was well below economists' projections of 53.2, according to a survey conducted by Dow Jones Newswires. The downturn in consumer confidence at this stage of the recovery is to be expected, as it has occurred in previous recoveries (please see chart below), and does not...
  • INSTANT VIEW: Consumer confidence hits four-month low

    08/28/2009 9:37:46 AM PDT · by Kartographer · 14 replies · 487+ views
    Reuters ^ | 8/28/09
    U.S. consumer confidence fell to its lowest in four months in August on worries over high unemployment and dismal personal finances, though the mood managed to improve from earlier this month, a survey showed on Friday.
  • Morning Market Report

    08/14/2009 6:32:09 AM PDT · by fiscon1 · 4 replies · 262+ views
    The Provocateur ^ | 08/14/2009 | Mike Volpe
    Markets indices were up slightly yesterday. Meanwhile, there is some breaking economic data to report. The Consumer Price Index came in flat in July, as expected. U.S. consumer prices were flat in July versus June as expected, but fell over the past 12 months by the most since 1950, government data showed on Friday.
  • American gloomy as unemployment rises

    07/29/2009 1:59:58 PM PDT · by usalady · 21 replies · 576+ views ^ | July 20, 2009 | Martha
    As Americans lose more confidence in the economy, retailers who are already hurting may be facing a gloomy back-to-school shopping season. The worries about the job market is making them more cautious about spending money. This means fewer jobs for those hoping to pick up at least part time work in the retail market.
  • Rasmussen - Obama Popularity DIVES, Govt.Doing Too Much, Consumer Confidence DOWN

    07/09/2009 7:45:20 AM PDT · by Shellybenoit · 24 replies · 1,010+ views
    Rasmussen/ The Lid ^ | 7/9/09 | The Lid
    Ahem !!, Excuse me Mr. President are you listening? Obviously he isn't. The latest set of Rasmussen Polls report that the public is losing confidence in President Obama, they think that the government is doing too much, and their confidence in the economy is falling quickly. The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows only 30% of the nation's voters now Strongly Approve of the way Obama is performing his role as President. Thirty-eight percent (38%) Strongly Disapprove giving Obama a Presidential Approval Index rating of 8. This is a drop of 16 points in the past month....
  • Consumer confidence falls on gloomier jobs view (consumers grow more pessimistic in June 2009)

    06/30/2009 10:12:08 AM PDT · by SeekAndFind · 41 replies · 2,456+ views
    Market Watch ^ | 6/30/2009 | Ruth Mantell
    WASHINGTON (MarketWatch) -- A reading on U.S. consumer confidence relapsed in June, falling to 49.3 from a slightly downwardly revised 54.8 in May, as worries grew about jobs and the economy, the Conference Board reported Tuesday. Following a large confidence jump in May, consumers grew more pessimistic in June about their present and future. Economists polled by MarketWatch had expected the June result to hit 55.5, continuing recent confidence gains. "On balance, this was a disappointing report as it has clearly bucked the trend of improving consumer sentiments in the past few months," wrote Millan L. B. Mulraine, economics strategist...
  • Investor Confidence Falls Four Points to 60.0 [Rasmussen Consumer Index]

    01/27/2009 4:20:42 PM PST · by CutePuppy · 12 replies · 593+ views
    Rasmussen Reports ^ | January 27, 2009 | Rasmussen Reports / Scott Rasmussen
    Rasmussen Consumer Index Investor Confidence Falls Four Points to 60.0 The Rasmussen Investor Index fell four points on Tuesday to 60.0. That's the lowest level of investor confidence in over a month and barely above the all-time low of 58.5 measured in mid-December. The Investor Index is down eight points over the past week, down six points over the past month and down forty-six points over the past year. After falling for five straight days, the Rasmussen Consumer Index stabilized on Tuesday at 59.4. The Consumer Index, which measures the economic confidence of consumers on a daily basis, is down...
  • U.S. Consumer Confidence Up Slightly in Recent Weeks

    11/03/2008 12:08:59 PM PST · by LBSTx · 130+ views
    Gallup ^ | 11/03/08 | Dennis Jacobe
    (S)ince mid-October, Gallup Poll Daily tracking shows consumer pessimism easing slightly -- the percentage rating the economy "poor" is down 5 points and the percentage saying it is "getting worse" is down 4 points.
  • Poll: Consumer confidence up in Florida

    09/30/2008 9:44:09 AM PDT · by pissant · 138+ views
    Miami Herald ^ | 9/30/08 | Martha Brannigan
    Consumer confidence among Floridians rose in September, according to a University of Florida report released Tuesday. The monthly index rose three points to 70, from 67 in August. That's a substantial improvement from June, when the index sunk to 59 -- the lowest reading in the survey's 25-year history. The cut-off date for the survey was Sept. 24. That means it didn't cover the House vote against the $700-billion bailout package and the ensuing swoon in the stock market. A revised number for September released next month will include data collected during the last six days of September. Chris McCarty,...
  • Consumer Confidence Falls To Five-Year Low in April

    04/29/2008 7:28:24 AM PDT · by Lazamataz · 9 replies · 101+ views
    Confidence among U.S. consumers fell to a five-year low in April as they confronted the grimmest jobs market since autumn 2004, the Conference Board said. The private Conference Board's index of consumer sentiment fell to 62.3 in April, the lowest since March 2003, when the Iraq war was launched, from an upwardly revised 65.9 in March. Despite the fall, the result beat the median forecast of economists polled by Reuters, which projected a reading of 62.0. Reflecting worries about the labor market, the gauge of respondents' feelings that jobs are plentiful slid to 16.6 in April, the lowest since September...
  • US consumer optimism at Watergate low

    03/25/2008 9:31:38 PM PDT · by TigerLikesRooster · 12 replies · 423+ views
    Telegraph ^ | 03/26/08 | Ambrose Evans-Pritchard
    US consumer optimism at Watergate low By Ambrose Evans-Pritchard Last Updated: 12:55am GMT 26/03/2008 Consumer expectations in America have plummeted to their lowest level since the Watergate crisis and the oil embargo in 1973, while US house prices are now falling at the fastest pace since records began. The Case-Shiller index of home prices in the 20 largest US cities fell 10.7pc in January from a year earlier, with drops of 19.3pc in both Miami and Las Vegas. The price falls have already left nine million Americans facing negative equity in their houses. Separately, the US Conference Board released a...
  • It looks like Santas on his way: Holiday store discounts loom...

    11/12/2007 2:39:54 AM PST · by 2ndDivisionVet · 25 replies · 209+ views
    The Tacoma News Tribune ^ | November 12, 2007 | Sandra M. Jones
    A disappointing October sales report Thursday sent a clear signal to retailers that theyll have to pull out all the stops to get shoppers into their stores this holiday as declining home values, tighter credit terms and rising gas prices appear to have left consumers feeling spent. The nations biggest chain stores posted the second consecutive month of weak sales results, underscoring their concerns that sales growth this holiday season could be the slowest in five years. Consumers are exerting a lot of caution, said Mandy Putnam, vice president at TNS Retail Forward Inc., a Columbus, Ohio-based market research and...
  • The party's over for American consumers

    09/15/2007 2:24:18 PM PDT · by AuntB · 218 replies · 3,272+ views
    Seattle Times ^ | Sept. 15, 2007 | Froma Harrop
    The new numbers on consumer confidence are out. They show American consumers very confident that the economy is going down the tubes. Over in Asia and Europe, stocks plunged on fears that Americans may no longer be able to find the second jobs and recklessly borrow the money needed to buy imported stuff. Economists now freely use the "recession" word following the report that American payrolls fell in August, the first monthly decline in four years. American consumers, in other words, are all dried up. And the discussion has begun on what kind of baloney economy kept them lubricated for...
  • Lawrence Kudlow: Goldilocks 2.0

    09/15/2007 2:15:39 AM PDT · by JohnHuang2 · 5 replies · 376+ views ^ | 9/15/2007 | Lawrence Kudlow
    A batch of economy-wide stats was released Friday morning (Sept. 14), covering retail sales, industrial production, import prices, and consumer confidence. The verdict? It's a 2 percent economy. Call it Goldilocks 2.0. Might the current financial turmoil throttle back growth a little more in the next six months? Yes, perhaps. Will there be some negative earnings surprises, especially from financial companies? Sure. But the bears would have us believe the sub-prime credit virus heralds the end of the world. They are wrong. Remember this: Our free-market capitalist economy is resilient and durable. It has proven time and again that it...
  • Consumer Confidence Tumbles in Sept.

    09/14/2007 4:24:43 AM PDT · by Moonman62 · 7 replies · 258+ views
    Yahoo ^ | 09/14/07 | Jeannine Aversa
    WASHINGTON (AP) -- Consumer confidence tumbled to its lowest point in nearly 1 1/2 years as a deep housing slump and a credit crunch made people more worried about the country's economic health as well as their own. The RBC Cash Index showed consumer confidence clocking in at 71.1 in September, a sharp drop from August's reading of 89.3. It marked the worst showing since May 2006, when sticker shock from high gasoline prices rattled peoples' sense of economic well-being. The index is based on the results of the international polling firm Ipsos. "It's ugly," Richard Yamarone, economist at Argus...
  • Consumer Confidence Hits 6-Year High

    07/31/2007 7:38:56 AM PDT · by BenLurkin · 9 replies · 339+ views
    AP Business ^ | Tuesday July 31, 10:10 am ET | Anne D'Innocenzio,
    NEW YORK (AP) -- American consumers -- shrugging off a struggling housing market as jobs remained plentiful -- became more confident in July and sent a gauge of sentiment to a six-year-high, a private research group said Tuesday. The New York-based Conference Board said that its Consumer Confidence Index, rebounded to 112.6, its highest level since August 2001 when it recorded a 114.0 reading. That compared to a revised 105.3 in June. The July 24 cutoff for the preliminary survey of 5,000 U.S. households was before last week's stock market tumble, however. "An improvement in business conditions and the job...
  • Consumer Confidence Reaches 5 1/2-Year High - Highest since 9-11

    02/27/2007 8:03:20 AM PST · by q_an_a · 11 replies · 419+ views
    yahoo news ^ | 02.27.07 | Anne D'Innocenzio, AP Business Writer
    Consumer confidence rose to its highest level in five-and-a-half years amid optimism that the nation's economy is creating enough jobs, a private research group said Tuesday. The New York-based Conference Board said that its Consumer Confidence Index rose to 112.5, up from a revised 110.2 in January. Analysts had expected the reading to be 109. The February index was the highest since August 2001, when the reading was 114, indicating that consumers will continue to fuel the nation's economic growth in the near future.
  • Consumer Confidence Reaches New High for 2006 at 120.5

    10/19/2006 7:15:45 AM PDT · by traderrob6 · 90 replies · 2,580+ views
    Rasmussen ^ | October 19, 2006
    The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, jumped two and a half points Thursday to reach its highest level of 2006. At 120.5, the Index is up ten points from a month ago and up thirteen from three months ago. This is just the second time in calendar year 2006 that the Index has topped the 120 mark. The Rasmussen Investor Index also gained ground on Thursday, moving up two points to 145.5. Thats up 18 points from a month ago. Only twice this year has the Investor Index measured higher levels...
  • Consumer Confidence up sharply

    10/13/2006 11:27:09 AM PDT · by Redmen4ever · 85 replies · 3,473+ views
    Fox News ^ | 10/13/06 | Fox News
    NEW YORK U.S. consumer sentiment rose more than expected in October, a preliminary report showed on Friday, as consumers' view of both future and current conditions improved.
  • Semi-News: Consumer Confidence Hits 4 Year High

    04/28/2006 10:27:07 PM PDT · by John Semmens · 4 replies · 99+ views
    AZCONSERVATIVE ^ | 28 Apr 2006 | John Semmens
    Consumers shrugged off higher gasoline prices in April and sent a widely watched barometer of consumer confidence to its highest level in almost four years. The New York-based Conference Board said that its consumer confidence index rose to 109.6, up from a revised 107.5 in March. April's reading was the highest since the index touched 110.3 in May 2002. Consumer confidence buoyed by a robust economy and plentiful employment opportunities has confounded Democratic strategists. "There is no justification for this confidence," said Howard Dean, Chairman of the Democratic National Committee. "It is in direct contradiction to our message that this...
  • Media Again Ignore Consumer Confidence Highs

    04/26/2006 1:41:35 PM PDT · by freemarket_kenshepherd · 3 replies · 216+ views ^ | 4/26/2006 | Ken Shepherd
    Are the media having an Office Space moment? If they got the memo on consumer confidence, they sure arent reporting it. On April 25, The Conference Board reported that it found consumer confidence at a four-year high. The network evening newscasts all ignored the news, focusing instead on their continuing drumbeat about high gas prices.
  • Consumer Confidence Highest in 4 Years

    04/25/2006 8:14:38 AM PDT · by West Coast Conservative · 16 replies · 611+ views
    AP ^ | April 25, 2006 | ANNE D'INNOCENZIO
    Consumers shrugged off higher gasoline prices in April and sent a widely watched barometer of consumer confidence to its highest level in almost four years, a private research group said Tuesday. But the New York-based Conference Board warned that if fuel prices continue to rise, it would cast a pall on consumer spending, which accounts for two-thirds of all U.S. economic activity. The Conference Board said that its consumer confidence index rose to 109.6, up from a revised 107.5 in March. April's reading was the highest since the index touched 110.3 in May 2002. Analysts had expected a reading of...
  • Consumer Confidence in Economy Improves

    04/07/2006 8:27:42 AM PDT · by West Coast Conservative · 10 replies · 303+ views
    AP ^ | April 7, 2006 | JEANNINE AVERSA
    Consumer confidence in the economy's prospects improved in early April even as gasoline prices and borrowing costs marched higher. The RBC CASH (Consumer Attitudes and Spending by Household) Index, based on results from the international polling firm Ipsos, showed confidence at 89.4 in early April, up from March's 86.2. The new reading also was better than a year ago, when consumer confidence clocked in at 84.5. "It's a positive sign," said Stuart Hoffman, chief economist at PNC Financial Services Group. Overall, consumers are in a generally good frame of mind, economists said. "I think we can take heart in the...
  • Consumer Confidence High

    03/28/2006 10:12:03 PM PST · by PajamaHadin · 1 replies · 139+ views
    The Conference Board ^ | March 28, 2006 | The Conference Board
    The Conference Board Consumer Confidence Index, which had declined in February, increased in March. The Index now stands at 107.2 (1985=100), up from 102.7 last month. The Present Situation Index rose to 133.3 from 130.3. The Expectations Index improved to 89.9 from 84.2 last month.
  • Consumer Confidence Highest Since 2002

    03/28/2006 7:44:18 AM PST · by libertarianPA · 7 replies · 261+ views
    Yahoo! News ^ | 3/28/06 | ANNE D'INNOCENZIO
    NEW YORK - Americans' optimism in the economy rebounded in March, sending a widely followed barometer of consumer sentiment to a near four-year high, a private research group said Tuesday. The Conference Board said that its consumer index shot up 4.5 points to 107.2, the highest level since May 2002, when the reading was 110.3. Analysts had expected a reading of 102. The latest measure was up from a revised 102.7 in February, which saw confidence fall 4.1 points from the previous month after enjoying a rebound that began in November following the Gulf Coast hurricanes. "The improvement in consumers'...
  • Consumer Confidence Up As Gas Prices Fall

    12/28/2005 8:42:59 AM PST · by LdSentinal · 16 replies · 386+ views
    CBS2/ ^ | 12/28/05
    (AP) NEW YORK Consumer confidence surged in December as declining gasoline prices and improving job opportunities buoyed spirits, boding well for spending in the new year. The Conference Board said Wednesday that its Consumer Confidence Index advanced to 103.6 this month after recovering to 98.3 in November. That was better than the 103.0 reading analysts had expected for December. December's rise put the index at its highest level since Hurricane Katrina struck on Aug. 29, devastating Gulf Coast states and disrupting fuel and trade for much of the nation. Last August, before the storm, the index registered 105.5. Stocks moved...
  • Consumer Confidence Soars in December

    12/28/2005 10:54:09 AM PST · by West Coast Conservative · 11 replies · 539+ views
    AP ^ | December 28, 2005 | EILEEN ALT POWELL
    Consumer confidence has nearly recovered from the beating it took from Hurricane Katrina and other severe storms, boding well for spending in 2006. The Conference Board said Wednesday that declining gasoline prices and improving job opportunities boosted its Consumer Confidence Index to 103.6 in December from 98.3 in November. That was better than the 103.0 reading analysts had expected. The index plummeted after Hurricane Katrina on Aug. 29 devastated Gulf Coast states and disrupted fuel and trade for much of the nation, but now is approaching the 105.5 reading preceding the storm. The report is closely watched because consumer spending...
  • Consumer confidence gauge rises: report

    12/27/2005 4:14:23 PM PST · by West Coast Conservative · 1 replies · 341+ views
    Reuters ^ | December 27, 2005
    U.S. consumer confidence rose as 2005 draws to a close, ABC News and The Washington Post said on Tuesday. ABC News and the Washington Post said their Consumer Comfort Index rose to -10 in the week ending December 25 from -11 the prior week. Two of the three components of the ABC/Washington Post index were unchanged in latest week. The percentage of consumers who had a positive view of their personal finances remained at 59 percent and the number of Americans with a positive view of the buying climate was flat at 37 percent. The percentage of consumers who had...
  • Consumer Spending Up, Jobless Claims Fall

    12/22/2005 9:30:16 AM PST · by george76 · 11 replies · 467+ views
    associated press ^ | 12-22-05 | MARTIN CRUTSINGER,
    WASHINGTON - Consumers increased spending moderately in November even though the growth in their incomes slowed a bit, raising doubts about how strong the Christmas sales season will be. The Commerce Department said personal spending rose by 0.3 percent last month, slightly below the 0.4 percent gain that Wall Street had been expecting. Incomes rose by 0.3 percent last month, right in line with expectations. The holiday shopping season has turned in a mixed performance so far with the nation's retailers expected to increase discounting in the final days before Christmas in the hopes of making up for slower-than-expected sales...
  • Poll Shows New Optimism About the Economy

    12/09/2005 9:46:07 AM PST · by LdSentinal · 6 replies · 195+ views ^ | 12/9/05
    People are feeling better about the economy and their own financial situations, a hopeful sign they'll act more like Santas than Grinches while holiday shopping. The RBC CASH Index, based on polling by Ipsos, showed that consumer confidence clocked in at 85.5 in December, the second-highest reading of this year. The pickup builds upon the rebound in consumer confidence staged in November, when the index jumped to 81. That revival came after confidence had been stuck in the doldrums in September and October, reflecting worries about sky-high energy prices and other fallout from the Gulf Coast hurricanes. Economists attributed the...
  • Rasmussen: Consumer Confidence at 9-Month High

    12/06/2005 1:38:44 PM PST · by new yorker 77 · 14 replies · 383+ views
    Rasmussen Reports ^ | December 6, 2005 | Scott Rasmussen
    Consumer Index Adds One 117.7Investor Index Unchanged at 138.2 Tuesday December 06, 2005--The Rasmussen Consumer Index matched its highest level in nine months on Tuesday, gaining another point to 117.7. The Index, which measures the economic confidence of American consumers, has shown confidence increasing since Labor Day. Thirty-two percent (32%) of Americans say the U.S. economy is getting better. That's up from 25% a month ago and 20% three months ago. In fact, it's the most optimistic assessment since March 9. Fifty-one percent (51%) of Americans say the economy is getting worse. The last time that figure fell below the...
  • Stocks Climb As Consumer Confidence Rises

    11/29/2005 8:54:44 AM PST · by BenLurkin · 23 replies · 555+ views
    AP ^ | Tuesday November 29, 11:31 am ET | Christopher Wang,
    NEW YORK (AP) -- Wall Street resumed its winning ways Tuesday after two new reports showed a jump in U.S. factory orders and a sharp rebound in consumer confidence. Stocks bounced back from Monday's losses after the Commerce Department said orders for big-ticket manufactured goods grew 3.4 percent in October, with increased demand for military aircraft and parts accounting for more than half of the $7.1 billion gain. Investors also found reassurance when the Conference Board said November consumer confidence rose 13.7 points to 98.9, besting economists' forecast for a reading of 90. A day earlier, the market languished as...

    11/29/2005 7:09:00 AM PST · by SoFloFreeper · 107 replies · 4,574+ views
    NEW YORK (AP) -- A private research group says consumer confidence soared in November, beating analysts' expectations.
  • Consumer Confidence Up As Gas Prices Fall

    11/29/2005 8:04:24 AM PST · by libertarianPA · 7 replies · 329+ views
    Yahoo! News ^ | 11/29/05 | ANNE D'INNOCENZIO
    NEW YORK - Consumer confidence soared in November as declining gasoline prices contributed to a stronger-than-expected reading that could bode well for the holiday shopping season. The Conference Board said Tuesday that its Consumer Confidence Index rose to 98.9 this month from 85.2 in October. Analysts had expected a reading of 90. The better-than-expected results reversed a two-month decline. "A decline of more than 40 cents in gasoline prices this month and the improving job outlook have combined to help restore consumers' confidence," Lynn Franco, director of The Conference Board Consumer Research Center, said in a statement. "While the index...
  • Consumer Confidence Falls to 30-Month Low

    09/03/2005 7:06:31 AM PDT · by jmc1969 · 13 replies · 311+ views
    For the third consecutive day, America's economic confidence has descended to new lows. On Saturday, the Rasmussen Consumer Index fell another two points to 93.9. That's the lowest reading in thirty months and is down 22 points from a month ago. The last time consumer confidence fell this low was March 19, 2003--the day before Operation Iraqi Freedom was launched to begin the War in Iraq. The Rasmussen Consumer Index measures the economic confidence of American consumers on a daily basis. Just 27% of Americans now rate the U.S. economy as good or excellent. That's down from 30% a week...
  • ABC Skips 3-Year High in Consumer ConfidenceBut Reports Heavily on Negative Number

    07/05/2005 3:51:35 PM PDT · by CorbyCard · 3 replies · 361+ views
    Free Market Project ^ | 7/5/2005 | Dan Gainor
    Consumers are confident that the economy is doing well, better than any time in three years, but ABC and NBC didnt think enough of that June 28, 2005, news to even report it. For ABC, this is part of an ongoing trend of focusing on negative economic news. In the three years covered by the latest consumer confidence report, ABC has covered negative numbers twice as often as positive. ABC had no trouble detailing the downside of the economic outlook with a lengthy list of adjectives, describing consumer confidence as: waning, falling, taken a hit, dropping, spiraling down, way down,...
  • Consumer Confidence Unexpectedly Rebounds

    05/31/2005 8:16:15 AM PDT · by mathprof · 25 replies · 1,721+ views
    AP ^ | 5/31/05
    Consumer confidence unexpectedly rebounded in May after declining in April, as worries about the economy and jobs eased, a private research group said Tuesday. The Conference Board said that its Consumer Confidence Index rose to 102.2 from a revised 97.5 in April. The reading was much better than the 96 that analysts had expected, which would have been a decline from the original April reading of 97.7. The index is now at the highest level since it reached 103 in March. "Consumer confidence improved in May, gaining back nearly all of the ground it lost in April," said Lynn Franco,...