The share of consumers expecting the economy to worsen fell in February to an almost two-year low as Americans looked beyond harsh winter weather. Thirty percent, the fewest since May 2012, said the economy was headed in the wrong direction, data from the Bloomberg Consumer Comfort Index showed today. CONT. Michelle […] Read more »
U.S. Economic Confidence Holding Steady
Gallup’s Economic Confidence Index was -17 for the week ending Feb. 16, similar to the -18 of the previous week. Americans’ confidence in the economy has held steady in recent weeks, despite a discouraging January for the stock market, but improved late last week, after the sharp uptick in the […] Read more »
Consumer Confidence Rises for First Time in Five Weeks
Consumer confidence improved for the first time in five weeks as Americans grew more upbeat about the outlook for the world’s largest economy. The Bloomberg Consumer Comfort Index increased to minus 30.7 in the week ended Feb. 9 from minus 33.1 the prior period. A measure of the state of […] Read more »
Economic Confidence at Lowest Level Since December
The Gallup Economic Confidence Index dipped to -18 for the week ending Feb. 9 — the lowest weekly reading so far in 2014. The index is similar to the -17 measured during the prior two weeks and January’s monthly average of -16. Americans’ confidence in the economy has been falling […] Read more »
Economic Confidence Still Highest in D.C. in 2013
Although scores on Gallup’s Economic Confidence Index improved in most U.S. states in 2013, the index remained negative in all 50. Only the District of Columbia had a positive index. Indexes were least negative in Massachusetts, Minnesota, and California. They were most negative in West Virginia, followed by Alaska. CONT. […] Read more »
Consumer Confidence in U.S. Dropped Last Week to Two-Month Low
Consumer confidence fell last week to the lowest level in more than two months as views on the economy, personal finances and buying climate worsened. The Bloomberg Consumer Comfort Index declined to minus 33.1 in the week ended Feb. 2, the lowest since late November, from minus 31.8 the prior […] Read more »