Consumer confidence posted a healthy gain in September due to more favorable prospects for the domestic economy as well as more favorable personal income expectations, according to the Thomson Reuters/University of Michigan Surveys of Consumers. The September reading, the second highest in the last seven years, points toward renewed strength […] Read more »
Consumer Comfort in U.S. Falls to Lowest Since Early June
Consumer confidence fell last week to an almost four-month low as Americans’ views of the economy and their finances deteriorated. The Bloomberg Consumer Comfort Index declined to 35.5 in the period ended Sept. 21, the worst reading since the first week of June, from 37.2. CONT. Danielle Trubow, Bloomberg Read more »
Consumer Confidence in U.S. Falls to Lowest Level in Five Weeks
Consumer confidence fell to a five-week low as Americans’ views on the economy and the buying climate soured. The Bloomberg Consumer Comfort Index (COMFCOMF) declined to 36.5 in the period ended Sept. 7, the worst reading since the beginning of August, from 37.7 the week before. CONT. Victoria Stilwell, Bloomberg Read more »
Democrats Have Plenty of Reasons to Dread November
… The Democrats whom I have talked and emailed with in recent weeks seem increasingly resigned to an ugly midterm election. Of course, it’s not likely to be the wipeout that 2010 was—after all, in the House, the best news for Democrats is that you can’t lose seats you don’t […] Read more »
Consumer Comfort in U.S. Rises to Second-Highest Level in a Year
Consumer confidence climbed last week to the second-highest level in a year as an improving job market bolstered Americans’ views of their financial well-being. The Bloomberg Consumer Comfort Index rose to 37.7 in the period ended Aug. 31 from 37.3 the prior week. CONT. Shobhana Chandra, Bloomberg Read more »
Views of Job Market Tick Up, No Rise in Economic Optimism
In advance of Friday’s jobs report, the public’s assessment of job availability in their local communities has improved modestly. But that has done nothing to boost overall economic optimism. CONT. Pew Read more »