Tag Archive for ‘consumer confidence index’

Consumer Confidence Drops to Near Two-Year Low

After three consecutive months of gains, consumer confidence fell to its lowest level since September 2017. The Consumer Confidence Index, reported by the Conference Board, fell by 7.5% from 131.3 in May to 121.5 in June, as households are less optimistic about short-term economy and labor market amid trade tensions with China and Mexico. The Present Situation Index decreased 8.1… Read More ›

Consumer Confidence Slips in March

After rebounding from the effects of the partial government shutdown in February, consumer confidence unexpectedly dropped in March. This is the fourth time decline in the past five months. The Consumer Confidence Index, reported by the Conference Board, fell by 5.6% from 131.4 to 124.1 in March, driven mainly by the sharp decline in the Present Situation Index, which fell… Read More ›

Consumer Confidence Rose in June

After two consecutive months of decline, the Consumer Confidence Index, reported by the Conference Board, rose in June. The Consumer Confidence Index rose to 98 in June, from 92.4 in May. Both the present situation index and the expectations index increased. The present situation index rose to 118.3 in June, from 113.2 in May, and the expectations index rose to… Read More ›

Consumer Confidence Slipped Again in May

The Consumer Confidence Index, reported by the Conference Board, slipped again in May. The Consumer Confidence Index declined to 92.6 in May, from 94.7 in April. Both the present situation index and the expectations index dropped. The present situation index slipped to 112.9, from 117.1 in April, and the expectations index dropped to 79.0, from 79.7 in April. Consumers’ confidence… Read More ›

Retreat

Both the University of Michigan Index of Consumer Sentiment and the Conference Board Consumer Confidence Index declined in February after soaring to cyclical highs in January. The Index of Consumer Sentiment Index decreased to 95.4 in February from 98.1 in January, but was up from 81.6 during February 2014. The Consumer Confidence Index decreased to 96.4 in February from 103.8… Read More ›

A Degree of Separation

Spurred by improved personal finances and a favorable outlook for employment, the Thomson Reuters/University of Michigan Consumer Sentiment Index increased for the fourth consecutive month in November and reached its highest level since July 2007. However, the Conference Board Consumer Confidence Index retreated in November, based on reduced optimism in business conditions and the job market. The Consumer Sentiment Index… Read More ›

It’s All About Jobs

The Conference Board reported that the Consumer Confidence Index, which had increased the previous four months, declined in September, primarily because consumers judged current and future employment conditions less favorably. The Consumer Confidence Index declined to 86.0 in September from 93.4 in August. The share of consumers describing the current job climate as “plentiful” decreased to 15.1% in September from… Read More ›