Economy Shrugging off Spring Slowdown, Reports Suggest
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.
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U.S. Factory, Jobs Data Suggest Economy is Slowing
Factory activity in the Mid-Atlantic region cooled in April and more Americans filed new claims for unemployment benefits last week, furthering signs of economic slowing.
Consumers' Confidence in the Economy Falls in March
Americans are less confident in the economy than they were last month as massive government spending cuts have stoked economic uncertainty.
Conference Board's Consumer Confidence Index Rebounds
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.
Leading Economic Indicators Index Up 0.2% in January
A measure of the U.S. economy's future direction edged up in January from December, suggesting slow growth will continue in the coming months. The Conference Board says its index of leading indicators rose 0.2 percent in January to 94.1, the second straight increase.
Stocks Turn Lower After Consumer Confidence Sinks
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.
Consumer Confidence Hits Highest Level Since February 2008
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.
Consumers Give U.S. Economy a Lift Before Election
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.
U.S. Consumer Confidence Jumps to 7-Month High
The Conference Board says U.S. consumer confidence jumped this month to the highest level since February, bolstered by a brighter hiring outlook. The Consumer Confidence Index rose to 70.3. That's up from 61.3 in August, which was revised higher.
Consumer Confidence Makes a Surprise Rise in July
U.S. consumer confidence rose unexpectedly in July as Americans were more optimistic about the short-term outlook than they were about their current conditions, according to a private sector report released on Tuesday.
Consumer Confidence Up in February
A private research group says that consumer confidence in February rose dramatically from last month to the highest level since a year ago when the U.S. economy's outlook started to look brighter before souring again. The Conference Board's Consumer Confidence Index now stands at 70.8, up from a revised 61.5 in January, helped by consumers' improving assessment of the job market. Analysts had expected a reading of 63. The February reading marks the highest level since February 2011 when it was 72.0.
Consumer Confidence Index Surges in December
Americans are gaining faith that the economy is on the upswing. The monthly Consumer Confidence Index surged to the highest level since April and is approaching a post-recession peak. The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose almost 10 points to 64.5, up from a revised 55.2 in November.
Americans in November More Confident About Economy
Americans' confidence in the economy in November bounced back to its highest level since July, the latest sign that consumers are beginning to feel more cheerful about spending during the holiday shopping season. The Conference Board, a private research firm, says Tuesday that its Consumer Confidence Index rose 15 points to 56.0, the biggest jump since the 59.2 reading in July.
Index of Leading Economic Indicators Rises
The Conference Board's Leading Economic Indicators Index rose 0.9% in October, outpacing increases in the previous two months and providing some grounds for hope of more robust economic growth to come.
Just in Time for the Holidays, a Bad Economic Mood
Americans say they feel worse about the economy than they have since the depths of the Great Recession. And it's a bad time for a bad mood because households are starting to make their holiday budgets. It might not be all doom and gloom, though. Sometimes what people say about the economy and how they behave are two different things.