US consumer confidence hits three-month low on inflation
2 years, 9 months ago

US consumer confidence hits three-month low on inflation

Al Jazeera  

The Conference Board said on Tuesday that its consumer confidence index dipped to 106.4 in May from 108.6 in April. The Conference Board said on Tuesday that its consumer confidence index dipped to 106.4 in May — still a strong reading — from 108.6 in April. US producer prices soared 11 percent in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead. “Looking ahead, expect surging prices and additional interest rate hikes to pose continued downside risks to consumer spending this year,” said Lynn Franco, the Conference Board’s senior director of economic indicators.

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Consumer confidence hasn't fallen this much since 2021
2 weeks, 5 days ago

Consumer confidence hasn't fallen this much since 2021

Salon  

Consumers aren’t liking what they see in the economy right now. The Conference Board’s Consumer Confidence Index dropped by 7 points to 98.3 for February, below the Dow Jones consumer forecast of 102.3, according to CNBC, marking the largest monthly decline in consumer sentiment since August 2021. “Pessimism about future employment prospects worsened and reached a ten-month high.” Additionally, the …

Consumer confidence: Americans are souring on the economy. Inflation and tariffs are to blame
Trending News
2 weeks, 5 days ago

Consumer confidence: Americans are souring on the economy. Inflation and tariffs are to blame

CNN  

Washington CNN — The American consumer is getting worried about the economy. Stephanie Guichard, senior economist, global indicators, at The Conference Board, said in a release that “consumers became pessimistic about future business conditions and less optimistic about future income.” The Fed and inflation fears For the Federal Reserve, it’s critical that Americans have faith that inflation will eventually return …

Consumer confidence falls the most since 2021 over fears about inflation and tariffs
2 weeks, 5 days ago

Consumer confidence falls the most since 2021 over fears about inflation and tariffs

NPR  

Consumer confidence falls the most since 2021 over fears about inflation and tariffs toggle caption Patrick T. Fallon/AFP Consumer confidence fell sharply in February as Americans wrestled with stubborn inflation and the looming threat of more tariffs. A report from the Conference Board Tuesday showed the sharpest one-month drop in confidence since August 2021. "This increase likely reflected a mix …

US consumer confidence dips again to start the year, according to business group
1 month, 2 weeks ago

US consumer confidence dips again to start the year, according to business group

Associated Press  

WASHINGTON — U.S. consumer confidence dipped for the second consecutive month in January, a business research group said Tuesday. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The board said that consumers’ view of current conditions tumbled 9.7 points to a reading of 134.3 in January and views …

UK consumer morale sinks to lowest since late 2023: GfK survey
1 month, 2 weeks ago

UK consumer morale sinks to lowest since late 2023: GfK survey

Live Mint  

Jan 24 - British consumer confidence sank this month to its lowest level in over a year, marking the steepest drop between the months of December and January since 2011, according to a survey that added to signs of a slowdown in the economy. The monthly consumer confidence index published by market research firm GfK fell in January to -22 …

Policy risks to cloud US growth prospects
2 months, 2 weeks ago

Policy risks to cloud US growth prospects

China Daily  

US President-elect Donald Trump. WASHINGTON — US consumer confidence fell unexpectedly in December, according to survey data published Monday, as concerns were raised about the impact of tariffs on the economy before President-elect Donald Trump takes office. The US consumer confidence index slipped to 104.7 in December, down from a revised 112.8 last month, The Conference Board think tank announced …

American consumers feeling less confident in December, Conference Board says
2 months, 2 weeks ago

American consumers feeling less confident in December, Conference Board says

Associated Press  

American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months, spending more in the run-up to the all-important holiday shopping season. The consumer confidence index measures both Americans’ …

US consumer confidence ticks higher on better outlook for hiring
3 months, 2 weeks ago

US consumer confidence ticks higher on better outlook for hiring

Associated Press  

WASHINGTON — Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring. Rising consumer confidence suggests Americans may spend more in the coming months, which would help boost economic growth. The Conference Board doesn’t break out its responses by party, but another measure of consumer sentiment by the University of Michigan showed …

UK consumer confidence improves after slowdown in inflation
4 months, 3 weeks ago

UK consumer confidence improves after slowdown in inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Consumer confidence across UK households …

American consumers are feeling less confident as concerns about jobs take center stage
5 months, 2 weeks ago

American consumers are feeling less confident as concerns about jobs take center stage

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy American consumers are feeling less …

Consumer confidence in U.S. falls in June as Americans fret about near-term prospects
8 months, 2 weeks ago

Consumer confidence in U.S. falls in June as Americans fret about near-term prospects

Associated Press  

American consumers lost some confidence in June as expectations over the near-term future fell again. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell in June to 100.4 from 101.3 in May. “Confidence pulled back in June but remained within the same narrow range that’s held throughout the past two years, as strength in …

This Week: Consumer confidence, inflation data, GDP update
8 months, 2 weeks ago

This Week: Consumer confidence, inflation data, GDP update

Associated Press  

Confidence check The Conference Board on Tuesday issues its consumer confidence index for June. Economists expect that consumer confidence held steady as Americans continued to deal with elevated prices and high interest rates. Consumer confidence, by month: Jan.: 110.9 Feb.: 104.8 March: 103.1 April: 97.5 May:102 June : 102 Source: FactSet Economic slowdown The Commerce Department issues its final reading …

Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month
9 months ago

Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month

Associated Press  

WASHINGTON — U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation. The University of Michigan’s consumer sentiment index, released Friday in a preliminary version, dropped to 65.6 this month from a final reading of 69.1 in May. AP AUDIO: Anxiety over persistent inflation …

US inflation eases to 3.3% in May, defying expectations for slight rise
9 months ago

US inflation eases to 3.3% in May, defying expectations for slight rise

Hindustan Times  

Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year. "The cool inflation numbers should boost investor confidence for a Fed rate cut in the second half of 2024," said Bret Kenwell, US investment analyst at trading platform eToro. With inflation slowing and other recent data …

US consumer sentiment drops to 6-month low on inflation, unemployment fears
10 months ago

US consumer sentiment drops to 6-month low on inflation, unemployment fears

Associated Press  

WASHINGTON — U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise. AP AUDIO: US consumer sentiment drops to 6-month low on inflation, unemployment fears AP Washington correspondent Sagar Meghani reports American consumer sentiment has fallen amid high inflation, …

Confidence of US consumers continues to decline as Americans worry about the future
10 months, 2 weeks ago

Confidence of US consumers continues to decline as Americans worry about the future

Associated Press  

WASHINGTON — U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated. The nation’s economy slowed sharply in the first quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept …

US consumer confidence holds steady even as high prices weigh on household budgets
11 months, 2 weeks ago

US consumer confidence holds steady even as high prices weigh on household budgets

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy U.S. consumer confidence held steady …

US consumer sentiment ticks down slightly, but most expect inflation to ease further
1 year ago

US consumer sentiment ticks down slightly, but most expect inflation to ease further

Associated Press  

WASHINGTON — Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing. The University of Michigan’s consumer sentiment index, released Friday in a preliminary version, slipped to 76.5 in March, barely below February’s figure of 76.9. Friday’s consumer sentiment figure follows inflation …

Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
1 year ago

Consumer confidence slips in February as anxiety over potential recession surprisingly reappears

Associated Press  

American consumers are feeling less confident this month as concerns over a possible recession grew despite most recent data pointing to a healthy U.S. economy. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 106.7 from a revised 110.9 in January. Americans were slightly less worried about food and gas prices last month, …

Consumer sentiment edges higher as economic growth accelerates and inflation fades
1 year ago

Consumer sentiment edges higher as economic growth accelerates and inflation fades

Associated Press  

WASHINGTON — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after several years of gloom. Still, consumer sentiment remains 6% below its long-run average after the worst spike in inflation in four decades pushed up the cost of groceries, rent, gas, and …

U.S. consumer confidence hits highest level since Dec. 2021
1 year, 1 month ago

U.S. consumer confidence hits highest level since Dec. 2021

Raw Story  

U.S. consumer confidence beat expectations in January to reach its highest level since December 2021, with the public more optimistic than at any point since the Federal Reserve began hiking interest rates. The January increase "likely reflected slower inflation, anticipation of lower interest rates ahead, and generally favorable employment conditions as companies continue to hoard labor," Conference Board chief economist …

American consumers feeling more confident than they have in two years
1 year, 1 month ago

American consumers feeling more confident than they have in two years

Associated Press  

American consumers, fresh off strong holiday spending, are feeling more confident than they have in two years. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose for the third straight month, to 114.8 in January from 108 in December. The index, which measures both Americans’ assessment of current economic conditions and their outlook for …

American consumers more confident in November as holiday shopping season kicks into high gear
1 year, 3 months ago

American consumers more confident in November as holiday shopping season kicks into high gear

Associated Press  

After declining for three straight months, American consumer confidence ticked up in November as the all-important holiday shopping season kicks into high gear. The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. After a strong summer, economists forecast that consumer spending will slow in the final three months of the year, …

US consumers feeling slightly less confident in October for 3rd straight month
1 year, 4 months ago

US consumers feeling slightly less confident in October for 3rd straight month

Associated Press  

WASHINGTON — American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated. “The continued skepticism about the future is notable given U.S. consumers — at least through the third quarter of this year — continued to spend heavily on both goods and services,” said Dana Peterson, chief economist at The Conference Board. Spending …

US consumer confidence wanes with prices still high and signs of a cooling job market
1 year, 6 months ago

US consumer confidence wanes with prices still high and signs of a cooling job market

Associated Press  

Americans are feeling less confident financially as summer comes to a close and high prices and interest rates weigh on their willingness to spend. The Conference Board, a business research group, said its consumer confidence index tumbled to 106.1 in August from a revised 114 in July. Consumer spending accounts for around 70% of U.S. economic activity, so economists and …

U.S. consumer confidence jumps to a two-year high as inflation eases
1 year, 7 months ago

U.S. consumer confidence jumps to a two-year high as inflation eases

Associated Press  

WASHINGTON — U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates. The Conference Board, a business research group, said its consumer confidence index rose to 117 in July from a revised 110.1 in June. Tumbling inflation …

This Week: Consumer confidence, Fed policy, inflation update
1 year, 7 months ago

This Week: Consumer confidence, Fed policy, inflation update

Associated Press  

A look at some of the key business events and economic indicators upcoming this week: Staying confident The Conference Board releases its gauge of consumer confidence for July on Tuesday. Economists project that confidence remains high following a surprising jump in June, when The Conference Board’s consumer confidence index reached 109.7, its highest level in 18 months. Consumer confidence, by …

Consumer confidence declines again in May, 4th time in 5 months, particularly for older Americans
1 year, 9 months ago

Consumer confidence declines again in May, 4th time in 5 months, particularly for older Americans

Associated Press  

Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation. The business research group’s present situation index — which measures consumers’ assessment of current business and labor market conditions — fell to 148.6 from 151.8 last month. “While consumer confidence has fallen across all age and …

Consumer confidence in surprise rebound from historic lows
2 years ago

Consumer confidence in surprise rebound from historic lows

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Consumer confidence has made a surprise rebound from historic lows …

This Week: Consumer confidence, consumer spending, jobs data
2 years, 3 months ago

This Week: Consumer confidence, consumer spending, jobs data

Associated Press  

A look at some of the key business events and economic indicators upcoming this week: CONFIDENCE CHECK The Conference Board delivers its latest index of U.S. consumer confidence Tuesday. The index, which measures consumers’ assessment of current conditions and their outlook for the future, has been mostly hovering above 100, despite red hot inflation and sharply higher interest rates. Consumer …

American consumer confidence takes a hit in October
2 years, 4 months ago

American consumer confidence takes a hit in October

Associated Press  

WASHINGTON — U.S. consumer confidence waned this month as concerns about inflation took hold after receding somewhat in recent months. The business research group’s present situation index — which measures consumers’ assessment of current business and labor market conditions — fell sharply to 138.9 from 150.2 in September. The board’s expectations index — a measure of consumers’ six-month outlook for …

Consumers spending more on services, but buying fewer items; Confidence at record low
2 years, 4 months ago

Consumers spending more on services, but buying fewer items; Confidence at record low

NL Times  

Consumers spent more on services in August, but less on goods, according to the country’s national statistics office, CBS. Consumer confidence also remained at a record low level. Consumer confidence holds at historic low Meanwhile, consumer confidence in October continued to hold at the same low level as in September. Compared to last month, consumers were less negative about the …

US consumers gaining confidence as gas prices keep falling
2 years, 5 months ago

US consumers gaining confidence as gas prices keep falling

Associated Press  

WASHINGTON — U.S. consumers grew more confident for the second month in a row as gas prices continued to fall. The business research group’s present situation index — which measures consumers’ assessment of current business and labor market conditions — also rose again, to 149.6 in September from 145.3 in August. Fueled by high rents, medical care and new cars, …

As petrol prices fall, US consumers more confident
2 years, 5 months ago

As petrol prices fall, US consumers more confident

Al Jazeera  

More people were planning to buy cars, big appliances but fewer were ready to buy homes as interest rates have risen. The business research group’s present situation index — which measures consumers’ assessment of current business and labour market conditions — also rose again, to 149.6 in September from 145.3 in August. Analysts surveyed by data provider FactSet had expected …

US consumers more confident in August as gas prices dip
2 years, 6 months ago

US consumers more confident in August as gas prices dip

Associated Press  

WASHINGTON — Following three straight monthly declines, U.S. consumer confidence rebounded in August as inflation moderated and gas prices fell. The business research group’s present situation index — which measures consumers’ assessment of current business and labor market conditions — rose for the first time since March, to 145.4 from 139.7 in July. Last week at an annual economic symposium …

US consumer confidence falls for third consecutive month as recession fears loom
2 years, 7 months ago

US consumer confidence falls for third consecutive month as recession fears loom

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy US consumer confidence fell …

Consumers confidence slides for third straight month in July
2 years, 7 months ago

Consumers confidence slides for third straight month in July

Associated Press  

WASHINGTON — U.S. consumer confidence slid again in July higher prices for food, gas and just about everything else continued to weigh on Americans. The Conference Board said Tuesday that its consumer confidence index fell to 95.7 in July from 98.4 in June, largely due to consumer anxiety over the current economic conditions, particularly four-decade high inflation. U.S. inflation surged …

US inflation hits new four-decade high of 9.1%
2 years, 8 months ago

US inflation hits new four-decade high of 9.1%

Live Mint  

U.S. consumer inflation rose to a new four-decade high at an annual rate of 9.1% in June, extending a year and a half stretch of persistently higher prices. It also eclipsed May’s annual rate of 8.6% that led Federal Reserve officials to shift to a faster pace of benchmark interest-rate increases in its campaign to bring down inflation. Core prices, …

Consumer confidence in the Netherlands sets a new record low
2 years, 8 months ago

Consumer confidence in the Netherlands sets a new record low

NL Times  

Consumer confidence in the Netherlands dropped to an all-time low in June, falling from -47 in May to -50 this month. The stats office started keeping track of consumer confidence every month in April 1986. Since then, consumer confidence averaged at -9, reaching a record high of +36 in January 2000 and dropping to an all-time low this month. 77 …

US consumer confidence slips in May amid stubborn inflation
2 years, 9 months ago

US consumer confidence slips in May amid stubborn inflation

Associated Press  

— U.S. consumer confidence edged lower in May as Americans’ view of their present and future prospects dimmed in the midst of persistent inflation. The Conference Board said Tuesday that its consumer confidence index dipped to 106.4 in May — still a strong reading — from 108.6 in April. The White House said the pair would discuss the state of …

US consumers still confident in April, but slightly less so
2 years, 10 months ago

US consumers still confident in April, but slightly less so

Associated Press  

WASHINGTON — U.S. consumer confidence dampened slightly in April but remains high even as inflation continues to cloud their optimism about the rest of the year. The Conference Board said Tuesday that its consumer confidence index — which takes into account consumers’ assessment of current conditions and their outlook for the future — edged down to 107.3 in April, from …

US consumer confidence eases in April as inflation soars
2 years, 10 months ago

US consumer confidence eases in April as inflation soars

Al Jazeera  

Inflation, running at the fastest pace since 1981, is increasingly taking a bite out of American paycheques. U.S. consumer confidence eased in April as views on current conditions slightly worsened, offsetting more optimistic future expectations. Inflation — running at the fastest pace since 1981 — is increasingly taking a bite out of paychecks, and more dollars are being spent on …

US consumer confidence edges up in March despite inflation
2 years, 11 months ago

US consumer confidence edges up in March despite inflation

Al Jazeera  

Even though consumer confidence is on the rise, Americans are facing the highest inflation since 1982. U.S. consumer confidence unexpectedly edged up in March, suggesting solid job growth offset Americans’ concerns over decades-high inflation that poses a risk to spending and growth. Even though confidence edged higher, Americans are facing the highest inflation since 1982, which is outpacing wage gains …

US consumer confidence falls in November as inflation bites
3 years, 3 months ago

US consumer confidence falls in November as inflation bites

Al Jazeera  

Consumers in the US are feeling less optimistic about the short-term outlook for their employment and income prospects. Consumers in the United States are feeling less confident about the economy and the short-term outlook for their employment and income prospects, the Conference Board said on Tuesday. The Conference Board’s Consumer Confidence Index fell 2.1 points to 109.5 in November, after …

Consumer confidence up in June, highest level since pandemic
3 years, 8 months ago

Consumer confidence up in June, highest level since pandemic

Associated Press  

WASHINGTON — U.S. consumer confidence rose for a fifth month in June to the highest level since the pandemic began last year as households responded to increased vaccinations and the further re-opening of businesses. The Conference Board reported Tuesday that its consumer confidence index increased to 127.3 in June, up from a May reading of 120.0. “Consumers’ short-term optimism rebounded, …

US consumer confidence returns to pre-pandemic levels
3 years, 10 months ago

US consumer confidence returns to pre-pandemic levels

Associated Press  

WASHINGTON — Consumer confidence rose sharply for a second straight month, hitting the highest level since the pandemic began, as the rapid rollout of vaccines and another round of U.S. financial support for Americans boosts optimism. “Consumer confidence has rebounded sharply over the last two months,” said Lynn Franco, senior economic indicators director at the New York-based Conference Board. “Consumers …

US consumer confidence hits 14-month high, house prices soar
3 years, 10 months ago

US consumer confidence hits 14-month high, house prices soar

Al Jazeera  

An upbeat survey released Tuesday by the Conference Board suggests the US economy is continuing to power ahead early in the second quarter as the pace of COVID-19 vaccinations accelerates. An upbeat survey released Tuesday by the Conference Board suggests the economy is continuing to power ahead early in the second quarter as the pace of COVID-19 vaccinations accelerates. “Led …

Consumer confidence surges in March to highest point in year
3 years, 11 months ago

Consumer confidence surges in March to highest point in year

Associated Press  

WASHINGTON — U.S. consumer confidence surged in March to the highest reading in a year, helped by increased vaccinations and more government economic support. The Conference Board said Tuesday its consumer confidence index rose to 109.7 in March, the best showing since it stood at 118.8 in March of last year as the pandemic was beginning to hit the United …

Snap back? US consumer confidence rises as COVID cases drop
4 years ago

Snap back? US consumer confidence rises as COVID cases drop

Al Jazeera  

Americans feel a bit more upbeat about the jobs market and the government passing stimulus, but serious concerns remain. United States consumer confidence increased in February, with households slightly more upbeat about the labour market amid declining new COVID-19 infections and expectations for additional money from the government to help the economy’s recovery from the coronavirus pandemic. The expectations index …

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