Tag Archive for ‘consumer sentiment index’

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 and Economic Cycles

Consumer sentiment and consumer confidence are two indexes showing consumers’ perceptions of current business, income and employment conditions, as well as their expectations for the near future’s economy.   Figure 1 shows both the University of Michigan Index of Consumer Sentiment and the Conference Board Consumer Confidence Index are highly inversely correlated with the unemployment rate. High unemployment drives down… 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 ›