Consumer confidence rose to its highest level since July, according to the University of Michigan (U-M) Surveys of Consumers. The December reading was nearly equal to the 2015 average of 92.9—which was the highest since 2004. CONT. University of Michigan Read more »
Fliers’ Satisfaction With Ticket Prices Nosedives
U.S. adults who have flown in the past year remain at least as satisfied as they were in 2007 with many aspects of airline travel — except with what they pay to fly. While a slim majority (51%) still say they are satisfied with the price they pay for tickets, […] Read more »
Holiday Shopping Habits Across Red and Blue America
Here’s a political note this Christmas season: Not only do liberals and conservatives think differently and vote differently – they shop differently, too. Chuck Todd, NBC News Read more »
Americans worried about major attack
The mass shootings in San Bernardino have awakened American fears of a major terrorist attack on U.S. soil, bolstered public support for increased monitoring of terrorists in the U.S. and raised concerns over flying and visiting the mall. The CNBC All-America Economic Survey found 34 percent of respondents “very worried” […] Read more »
Consumer sentiment strong thanks to middle- and lower-income households
The continued strength in consumer sentiment during the past two months has been due to gains among middle- and lower-income households, while confidence retreated among households with incomes in the upper third of the distribution, according to the University of Michigan (U-M) Surveys of Consumers. … The Sentiment Index was […] Read more »
Americans Plan on Spending a Lot More This Christmas
Gallup’s November update of Americans’ 2015 holiday spending intentions finds U.S. adults planning to spend $830 on Christmas gifts this year, on average. That is up sharply from the $720 recorded a year ago, and is significantly higher than what consumers have indicated in any November since 2007. CONT. Lydia […] Read more »