Survey: Consumers' Confidence in U.S. Economy Falters
U.S. consumer sentiment retreated this month after reaching its highest in nearly six years in May, as household optimism about employment and housing faded slightly.
U.S. consumer sentiment retreated this month after reaching its highest in nearly six years in May, as household optimism about employment and housing faded slightly.
Greater optimism about the economic outlook and personal finances pushed U.S. consumer sentiment to its highest level in nearly six years in May, a new survey shows.
A rally that brought the stock market to record highs this year came back to life after US home prices rose the most in 7 years and consumer confidence reached a 5-year high.
U.S. consumer confidence strengthened in May to the highest level in more than five years, a private sector report shows.
U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
Americans spent more during the early spring months in the latest sign that they're encouraged by the economic recovery.
We've whittled the vast universe of economic data down to these nine key numbers that will give you a quick handle on the health of the economy.
Nearly 1-in-5 employees are worried that they'll be laid off in the next six months, despite their confidence that their company's outlook will improve during the same period.
U.S. consumer confidence rebounded in April as Americans felt better about the outlook for the economy and their income prospects, the Conference Board says.
U.S. consumer sentiment eased in April as Americans remained concerned about their employment and financial prospects, a survey released Friday showed.
U.S. consumer sentiment tumbled to a nine-month low in April, with Americans especially gloomy about the long-term health of the economy, a survey released on Friday showed.
Americans are less confident in the economy than they were last month as massive government spending cuts have stoked economic uncertainty.
The housing market is improving, but there are still some troubling signs out there. Here's what's happening in local markets around the country.
Savings have fallen this year, as American households in January experienced the worst 1-month income drop since 1993.
U.S. consumer confidence picked up much more strongly than expected in February as Americans shrugged off earlier worries over fiscal policy and tax increases. The Conference Board, an industry group, said its index of consumer attitudes accelerated to 69.6 from 58.4 in January, topping expectations.
World stock markets were mostly higher on Tuesday and the dollar fell to a 14-month low against the euro as the Federal Reserve began a two-day policy meeting in which it is expected to maintain its easy monetary policy.
U.S. consumer confidence plunged in January to its lowest level in more than a year, reflecting the cut to take-home pay nearly all working Americans were hit with after Washington allowed a temporary Social Security payroll tax holiday to expire.
U.S. consumers borrowed more in November to buy cars and attend school, but stayed cautious with their credit cards. The Federal Reserve said Tuesday that consumers increased their borrowing in November by $16 billion from October to a seasonally adjusted record of $2.77 trillion.
Stocks fell Thursday, putting the market on track for its fourth straight loss, after consumer confidence fell sharply in December as Americans worried about higher taxes and government spending cuts.
Christmas shoppers thronged malls and pounced on discounts but apparently spent less this year, their spirits dampened by concerns about the economy and the aftermath of shootings and storms.
American consumers are growing more confident about the job market, companies are ordering more equipment and home prices are rising in most major cities. The latest batch of government data suggests that the economy is improving just as the holiday shopping season begins.
U.S. consumer confidence rose this month to its highest level in almost five years, pushed up by steady improvement in hiring. The Conference Board says its consumer confidence index rose to 73.7 in November from 73.1 in October. Both are the best readings since February 2008.
White House economists warned Monday that the uncertainty of a potential hike in taxes next year for middle class taxpayers under the looming fiscal cliff could hurt consumer confidence during the crucial holiday shopping season.
Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time. But though delinquency is rising, it's still significantly below historic norms.
Benchmaark crude is up 48 cents to $85.57 around noon EST; the Thomson Reuters/University of Michigan consumer sentiment index reveals that Americans feel better about the state of the world's largest economy than any point in the last five years.
Consumer confidence surged in October to its highest level in nearly five years. Americans were encouraged by recent declines in the unemployment rate. And they responded by spending more on cars and trucks, at retail businesses and on goods produced at U.S. factories.
Americans increased their spending in September at twice the rate that their income grew, a sign of confidence in the economy. Still, consumers made up the difference by saving less for a third straight month, a troubling trend.
Despite ultra-low mortgage and savings interest rates, the average credit card rate is still high, and has barely budged over the past year. That's not so lucky for you as a spender -- but it could guide you to a windfall as an investor.
Americans stepped up their spending at retail businesses in September, reflecting their growing confidence in the economy. Retail sales rose 1.1 percent last month, the Commerce Department said. That followed a 1.2 percent increase in August. Both were the largest gains since October 2010.
Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop 'til they drop like they have been in the past two years.





























