consumer sentiment

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.

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.

Oil Prices Rise as Americans' Confidence Improves

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.

More Expensive Gas Pushes U.S. Consumer Prices Up

Higher gas costs drove up U.S. consumer prices in September for the second straight month. Outside energy, there was little sign of inflation. The Labor Department said Tuesday that the consumer price index rose a seasonally adjusted 0.6 percent last month.

Higher Gas Costs Push U.S. Consumer Spending Up

Americans boosted their spending in August even though their income barely grew. Much of the spending increase went to pay higher gas prices, which may have forced consumers to cut back elsewhere.

2 Surveys Reveal We're Feeling a Bit Better About Our Finances

Two new surveys suggest that financial optimism is on the rise. But even with the improving numbers, among average Americans, those who are upbeat about their personal finances are outnumbered by the pessimists, and we're still wary of buying stocks.

As Holiday Season Begins, a Mixed Bag of Economic News

The news from the Commerce Department's Bureau of Economic Analysis was mixed Wednesday. Consumer spending rose in October, but just barely. Incomes were up a bit, but savings did too. And employment figures were just conflicted.

Homeowners Shelve Remodeling Plans Over Economic Fears

Too scared to spend amid today's economic uncertainty, homeowners are just saying no to remodeling. The number of homeowners who say the economy has them shying away from renovations jumped from 69% in the spring to 80% now, and remodeling contractors report their business is down 3.81% over the last 12 months.

Americans' Financial Health Is a Tad Better

The American consumer's financial health is showing signs of improvement, but the weak job market continues to derail the nation's economic recovery -- particularly for people in the lower income brackets, according to September's Consumer Reports Index, released on Tuesday.