Tag Archive for ‘the conference board’

Consumer Confidence Rebounds Strongly in September

After hitting a 6-year low last month, consumer confidence bounced back in September, as consumers were more upbeat on outlook for economy and the job market. The Consumer Confidence Index, reported by the Conference Board, rose 15.5 points from 86.3 to 101.8 in September, the highest level since March 2020 and the largest monthly gain since April 2003. The Present… Read More ›

Consumer Confidence Increases in June

After a sharp decline in April, consumer confidence improved in June for a second straight month, as the economy began to reopen and unemployment claims showed improvement. The Consumer Confidence Index, reported by the Conference Board, rose 12.2 points from 85.9 to 98.1 in June, the largest monthly gain since November 2011. The Present Situation Index jumped 17.8 points from… Read More ›

Consumer Confidence Drops Sharply in March

After four consecutive months of gains, consumer confidence fell to near a three-year low in March due to a deterioration in the short-term outlook. The Consumer Confidence Index, reported by the Conference Board, slipped 12.6 points from 132.6 to 120.0 in March, the lowest reading since September 2017, as intensive coronavirus outbreak and extreme volatility in the financial markets have… Read More ›

Consumer Confidence Decreases Marginally in December

Consumer confidence fell in December, following a slight improvement last month. This is the fourth decline in five months. The Consumer Confidence Index, reported by the Conference Board, slipped 0.3 points from 126.8 to 126.5 in December, as households are less optimistic about future employment and income. The Present Situation Index rose 3.4 points from 166.6 to 170.0, while the… Read More ›

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 Drops in December

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 Reaches 18-Year High

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 ›

Consumers’ Expectations Eased in June

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 ›

Consumer Confidence Drops in March, But Remains Elevated

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 ›