Gallup’s U.S. Standard of Living Index climbed to 47 in May, the highest score recorded since Gallup began tracking this measure in 2008. This index score is up slightly from 44 in April. CONT. Justin McCarthy, Gallup Read more »
Consumer Comfort in U.S. Improves for First Time in Five Weeks
Consumer sentiment rose for the first time in five weeks as Americans, particularly women, grew more upbeat about the economy, finances and the buying climate. The Bloomberg Consumer Comfort Index rose to 35.1 from 33.3 a week earlier. CONT. Lorraine Woellert, Bloomberg Read more »
Most Americans struggle to save for retirement
… Seven of 10 Americans who haven’t retired yet find it hard to save for retirement while also paying the bills and meeting their basic living expenses, a new CBS News poll shows. Not surprisingly, those earning less are having more difficulty setting money aside. More than 80 percent of […] Read more »
Main concern of consumers: Dismal wage prospects
Consumer confidence declined in May, according to the Thomson Reuters/University of Michigan Surveys of Consumers. … The decrease in May was not due to the gloomy state of the economy during the 1st quarter—which had the weakest pace of growth in Gross Domestic Product in three years—but rather, because consumers […] Read more »
U.S. Economic Confidence Ticks Up to -14 in May
Gallup’s U.S. Economic Confidence Index increased to -14 in May, its highest monthly reading in 2014 so far. May’s economic confidence reading, however, remains significantly below the -7 average found in May 2013, which was the highest monthly average since Gallup began tracking the measure in 2008. CONT. Justin McCarthy, […] Read more »
Consumer Comfort in U.S. Falls to Lowest Level Since November
Consumer confidence declined last week to the lowest level since November as Americans’ views of their finances and the buying climate weakened. The Bloomberg Consumer Comfort Index fell to 33.3 in the period ended May 25 from 34.1 the prior week. CONT. Shobhana Chandra, Bloomberg Read more »