U.S. consumer sentiment unexpectedly falls in November

U.S. consumer sentiment unexpectedly dipped in November to a near two-year low as lower-income households worried about their job prospects and financial outlooks and negative views of the government lingered, a survey released on Friday showed. The Thomson Reuters/University of Michigan’s preliminary reading on the overall index of consumer sentiment […] Read more »

U.S. Economic Confidence Plunges in October

Americans’ confidence in the U.S. economy sank for the month of October amid the partial U.S. government shutdown and partisan bickering over the federal debt limit. For the entire month, Gallup’s Economic Confidence Index was down 16 points, the sharpest monthly drop since Gallup began tracking economic confidence daily in […] Read more »

Consumer Confidence Decreases Sharply in October

The Conference Board Consumer Confidence Index®, which had declined moderately in September, decreased sharply in October. The Index now stands at 71.2 (1985=100), down from 80.2 in September. … Says Lynn Franco, Director of Economic Indicators at The Conference Board: “Consumer confidence deteriorated considerably as the federal government shutdown and […] Read more »