U.S. consumers, bracing for higher interest rates and slightly slower economic growth, were a bit less optimistic in August as sentiment retreated from last month’s six-year high, a survey released on Friday showed. The Thomson Reuters/University of Michigan’s preliminary reading on the overall index on consumer sentiment slipped to 80.0 […] Read more »
Consumer Comfort in U.S. Declines From More Than Five-Year High
Consumer confidence cooled last week from its highest level in more than five years as Americans’ views on the economy, personal finances and spending receded. The Bloomberg Consumer Comfort Index fell to minus 26.6 for the period ended Aug. 11, its first drop in four weeks. The reading was the […] Read more »
Economic Confidence Edges Back Up
Americans’ confidence in the economy improved last week after slipping in late July and early August. Gallup’s Economic Confidence Index rose to -10 in the week ending Aug. 11 from the previous week’s -14 — the worst confidence rating since mid-April. The increase in consumers’ confidence this week is the […] Read more »
What People (Don’t) Know About The Deficit
A little while back I expressed a desire to see a poll of voters asking whether they knew about the plunging federal budget deficit. … Well, Hal Varian of Google got in touch with me, and said,”We can do that!” So he put together a Google Consumer Survey; it’s still […] Read more »
Consumer Comfort in U.S. Climbs to More Than Five-Year High
Consumer confidence advanced last week to the highest level in more than five years as Americans’ views on the economy, personal finances and spending improved. The Bloomberg Consumer Comfort Index rose to minus 23.5 for the period ended Aug. 4, its strongest reading since January 2008, from minus 27 a […] Read more »
Americans’ Confidence in the Economy Worsens in July
Americans’ confidence in the economy in July was the lowest it has been in any month since April. Gallup’s Economic Confidence Index slipped to -12 last month, down from -8 in June and -7 in May — with the May reading representing the most positive monthly average since Gallup began […] Read more »