Eye On Housing
Measures of consumer confidence were mixed in the most recent release. The Conference Board reported that the Consumer Confidence Index increased by 3.2 points on a month-over-month seasonally adjusted basis in December to 80.7. Meanwhile, according to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index fell by 2.1 points. The month-over-month improvement in the Consumer Confidence Index was… Read More ›
Tag Archive for ‘consumer confidence’
Consumer Confidence Rebounds in December
Measures of consumer confidence improved in December reversing course from the recent decline. The Conference Board reported that the Consumer Confidence Index increased by 6.1 points on a month-over-month seasonally adjusted basis in December to 78.1. Meanwhile, according to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index rose by 7.4 points in December. In addition to current economic… Read More ›
Consumer Confidence on Three Month Slide
Measures of consumer confidence continued to slide in November falling for the third straight month. The Conference Board reported that the Consumer Confidence Index fell by 2 points on a month-over-month seasonally adjusted basis in October to 70.4. Meanwhile, according to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index fell by 1.2 points in November. Although the rate of… Read More ›
Consumer Confidence Falls Again
Measures of consumer confidence fell for the second straight month in October. According to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index fell in October to 73.2 the lowest reading since December 2012. The Conference Board reported that the Consumer Confidence Index fell sharply by 9 points, 11.2%, on a month-over-month seasonally adjusted basis in October to 71.2. Consumer confidence… Read More ›
Consumer Confidence Falls
Measures of consumer confidence fell in September following strong growth at the start of the year and a summer of mixed signals. The Conference Board reported that the Consumer Confidence Index decreased by 2.1 points, 2.6%, on a month-over-month seasonally adjusted basis in September to 79.7. According to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index fell in September by… Read More ›
Consumers Expecting Higher Interest Rates
Another set of monthly mixed results for consumer confidence was reported as the Consumer Sentiment Index decreased while the Consumer Confidence Index increased slightly. According to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index fell in August by 3 points from the previous month’s six-year high of 85.1. Meanwhile after declining in July, the Conference Board reported that the Consumer… Read More ›
Growing Share of Consumers Plan to Purchase a New Home
Measures of consumer confidence continue to report mixed results on a monthly basis. However, over time they are trending in the same direction. According to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index rose by 1 point in July to a seasonally adjusted level of 84.1. The final reading of consumer sentiment was revised up from the… Read More ›
Measures of Consumer Confidence Show Mixed Results but Similar Conclusions
Measures of consumer confidence were mixed in June. According to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index was basically unchanged from May, falling by 0.5% on a monthly seasonally adjusted basis to 84.1. The final reading of consumer sentiment was revised up from the preliminary reading of 82.7 that was released earlier in the month. Meanwhile,… Read More ›
Consumer Confidence Soars, But Expectation of Income Growth Is Flat
Measures of consumer confidence rose in May. According to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index increased by 10.6% on a monthly seasonally adjusted basis to 84.5. The final reading of consumer sentiment was revised up from the preliminary reading of 83.7 that was released earlier in the month. Similarly, the Conference Board reported that its… Read More ›
Measures of Consumer Confidence Mixed
Measures of consumer confidence were mixed in April. According to Thomson Reuters and the University of Michigan, the Consumer Sentiment Index fell by 2.8% on a monthly seasonally adjusted basis to 76.4. The final reading of consumer sentiment was revised up from the preliminary reading of 72.3 that was released earlier in the month. Conversely, the Conference Board reported that… Read More ›