Inside these posts: Conference Board

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Consumer confidence jumps to 7-month high

Americans were more optimistic about jobs and the overall economy in January, pushing the latest reading on consumer confidence to its highest level since May 2010.

The Consumer Confidence Index shot up to 60.6 in January, from 53.3 in December, the Conference Board, a New York-based research group that compiles the index, said Tuesday. Get the full story »

Leading indicators show strength heading into ‘11

A gauge of future economic activity rose in November, at the fastest pace since March, suggesting the economy will strengthen early next year.

The Conference Board said its index of leading economic indicators rose 1.1 percent last month — the biggest increase since March, when the index jumped 1.4 percent. Get the full story »

Consumer confidence up slightly, but still gloomy

A concierge and a valet assist a shopper at a mall in Glendale, Calif., Aug. 30, 2010. (AP Photo/Damian Dovarganes)

Americans got slightly more optimistic about the economy in October, but still have an overwhelmingly gloomy outlook, according to the latest reading on consumer morale.

The Consumer Confidence Index rose to 50.2 in October, up from 48.6 in September, the Conference Board, a New York-based research group that compiles the index, said Tuesday.

High unemployment and unfavorable business conditions have dragged the index down to a painfully low level, far below 90 — the level which indicates a stable economy. Overall, the index has been volatile, not trending in any one direction for more than three months in a row this year. Get the full story »

Researchers: Pay raises coming … next year

From CNN | The weak economy will continue to keep a lid on salary increases this year, but the outlook for next year is slightly better, according to a survey released Tuesday.

The Conference Board, a New York-based business research group, said the median budget for salary increases — meaning the percentage of payroll that companies set aside for raises — stands at 2.5 percent for the second straight year in 2010. Get the full story »

Consumer confidence has steep fall in June

U.S. consumer confidence fell steeply in June after rising for three months, due to worries about the labor market because of a recent slowdown in jobs growth, according to a private sector report released Tuesday. The Conference Board, an industry group, said its index of consumer attitudes fell to 52.9 in June from a downwardly revised 62.7 in May. Get the full story »