Eye On Housing
Following a modest decline in November, consumer confidence continued to decrease in December, driven mainly by weakened consumer expectations. The Consumer Confidence Index, reported by the Conference Board, fell by 6.1% from 136.4 to 128.1 in December, the lowest level since July 2018. Despite the sharp decline in December, the Consumer Confidence Index remained historically strong. The Present Situation Index… Read More ›
Consumer confidence continued to rise in September, after a big increase in August. Currently, consumers are quite optimistic about both the current situation and the near-term outlook. The Consumer Confidence Index, reported by the Conference Board, increased to 138.4 in September, from 134.7 in August. It has surpassed the 2007 peak of 111.9 and spiked to the highest level since… Read More ›
The Conference Board’s Consumer Confidence Index decreased in June, following an increase in May. The June decline in the Consumer Confidence Index was driven mainly by a sharp decline in the Expectations Index. While the Present Situation Index declined modestly, by 0.1% from an index reading of 161.2 in May to 161.1 in June, the Expectations Index dropped by 3.7%… Read More ›
The Conference Board’s Consumer Confidence Index declined in March, after increasing in February. The March decline in the Consumer Confidence Index reflects the declines in both the Present Situation Index and the Expectations Index. The Present Situation Index decreased by 0.8% from 161.2 to 159.9, while the Expectations Index declined by 2.7% from 109.2 to 106.2 in March. As a… Read More ›
The Conference Board recently reported that the Consumer Confidence Index decreased in December, after a modest improvement in November. The Present Situation Index increased by 1.1% from 154.9 to 156.6, while the Expectations Index declined by 10.7% from 111.0 to 99.1 over the last month of 2017. As a result, the Consumer Confidence Index decreased by 5.1% to 122.1 in… Read More ›
The Conference Board recently reported that the Consumer Confidence Index declined slightly in September. The present situation index declined by 1.5% from 148.4 to 146.1, while the expectations index rose by 0.5% from 101.7 to 102.2. As a result, the Consumer Confidence Index decreased by 0.5% to 119.8 in September on a seasonally adjusted basis, from 120.4 last month. The… Read More ›