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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 »
U.S. consumer confidence slipped in the latest week after a sharp jump the week before, according to an ABC News index, but economic optimism was at a seven-year high.
The overall consumer-comfort index reading was -43 on its scale of -100 to +100 in the week ended Sunday, down three points from the prior week. Get the full story »
U.S. consumer confidence unexpectedly deteriorated in December, while prices of U.S. single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy’s recovery. Get the full story »
U.S. consumer confidence improved in the latest week, according to an ABC News index, as economic pessimism fell to its lowest point in six years.
The overall consumer-comfort index reading was -43 on its scale of -100 to +100, improved from the -45 it had been at for the prior two weeks. The average for the year is -46, while the worst-ever reading was last year’s -48. Get the full story »
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 »
Consumer spending rose slightly more than expected in August, but inflation remained subdued, leaving the door open for the Federal Reserve to launch a fresh round of monetary policy easing. Get the full story »
Bloomberg News | Manufacturing probably expanded in September at the slowest pace in 10 months, underscoring the Federal Reserve’s forecast of “modest” U.S. growth, economists said before reports today. Get the full story »
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 »
By Becky Yerak |
Consumer confidence slipped in March after gaining ground in January and
February, and married couples with children at home became
significantly more pessimistic, according to Discover Financial’s U.S.
Spending Monitor for March.
Discover’s monitor, which polls 8,200 consumers about their confidence
levels and spending plans, fell 1.5 points in March to 85, based out of
100.
(AP Photo/Elaine Thompson)
