Tag Archive for ‘employment conditions’

Optimistic Consumers in March

Consumer confidence, reported by the Conference Board, increased in March. Consumers were very optimistic about both the current situation and the near term outlook. The Consumer Confidence Index increased to 125.6 in March, from 116.1 in February. Both the present situation index and the expectations index reached post-recession highs. The present situation index rose from 134.4 to 143.1 and the… Read More ›

Consumer Confidence Rebounded in February

Consumer confidence increased in February after a decline in January. Consumers were more optimistic about both the current situation and the near term outlook. The Consumer Confidence Index, reported by the Conference Board, increased to 114.8 in February, from 111.6 in January. Both the present situation index and the expectations index rose in February. The present situation index rose from… Read More ›

Consumer Confidence Decreased in January

Consumer confidence decreased in January after reaching a 15-year high in December. The Consumer Confidence Index, reported by the Conference Board, decreased to 111.8 in January, from a downwardly revised 113.3 in December. The present situation index rose from 123.5 to 129.7 and the expectations index declined from 106.4 to 99.8. Compared with last month, consumers were quite optimistic about… Read More ›

Consumer Confidence in December – The Highest Level Since the Recession

Consumer confidence increased in December to the highest level since August 2001. Assessments of current conditions declined but consumers held improved views of the near future. The Consumer Confidence Index, reported by the Conference Board, hit 113.7 in December, higher than an upwardly revised 109.4 in November. The present situation index declined from 132.0 to 126.1 and the expectations index… Read More ›

Consumer Confidence – Optimistic November

With the ongoing job and economic growth, in November consumer confidence improved. Consumers were optimistic about both the current situation and the near term outlook. The Conference Board reported that the Consumer Confidence Index jumped to 107.1 in November, from an upwardly revised 100.8 in October. Both the present situation index and the expectations index rebounded. The present situation index… Read More ›

Consumer Confidence in October – Retreated

Consumer confidence retreated in October. Consumers were less optimistic about both the current situation and the near term outlook. The Consumer Confidence Index, reported by the Conference Board, decreased to 98.6, from 103.5 in September. Both the present situation and the expectations index dropped. The present situation index fell to 120.6, from 127.9 and the expectations index declined to 83.9,… Read More ›

Consumer Confidence in September – Another Optimistic Month

The Consumer Confidence Index, reported by the Conference Board, rose in September. Compared with last month, consumers were more optimistic about both the current situation and the near term outlook. The Consumer Confidence Index rose to 104.1, from 101.8 in August. The present situation index rose to 128.5, from 125.3, and the expectations index increased to 87.8, from 86.1. Consumers’… Read More ›

FOMC Statement: All Eyes on December

The statement released following the September meeting of the Federal Open Market Committee (FOMC) fell in line with market expectations as the committee chose to keep the federal funds rate unchanged.  The Committee’s assessment of the economy remained positive, leaving a December rate hike very much in play.  In the statement, the Committee continued its upbeat assessment of labor and economic activity…. Read More ›

Optimistic Consumers in August

On Tuesday the Conference Board reported the Consumer Confidence Index for August. The index rose and consumers were quite optimistic about both the current situation and the near term outlook. The Consumer Confidence Index rose to 101.1, from 96.7 in July. The present situation index rose to 123.0, from 118.8, and the expectations index increased to 86.4, from 82.0. Unlike… Read More ›

Consumer Confidence Barely Changed in July

The Consumer Confidence Index, reported by the Conference Board, was virtually unchanged in July. In July, the Consumer Confidence Index was 97.3, similar to 97.4 in June. The present situation index rose to 118.3, from 116.6, while the expectations index fell to 83.3, from 84.6. Consumers’ assessments of current business conditions were mixed. Assessments shifted to the extremes of “good”… Read More ›