Consumer confidence climbed last week to the highest level in more than five years as Americans became less pessimistic about the economy. The Bloomberg Consumer Comfort Index rose to minus 27 in the period ended July 28, the strongest reading since January 2008, from minus 27.3 a week earlier. [cont.] […] Read more »
Blacks, Hispanics More Optimistic Than Whites
Americans’ attitudes about their economic future are sharply divided by race, with whites significantly less likely than blacks or Hispanics to think they can improve their own standard of living. Indeed, optimism among minorities now outpaces that of whites by the widest margin since at least 1987, a new analysis […] Read more »
Economic Confidence Lowest Since Late April
Even as the U.S. stock market continues to rise, Americans’ confidence in the economy has dropped to its lowest level since late April. Gallup’s Economic Confidence Index registered -13 for the week ending July 28. [cont.] Alyssa Brown, Gallup Read more »
Conference Board Consumer Confidence Index Falls Slightly
The Conference Board Consumer Confidence Index®, which had improved in June, pulled back slightly in July. The Index now stands at 80.3 (1985=100), down from 82.1 in June. [cont.] Conference Board Read more »
Comfort Index Climbs as U.S. Economy Views Reach Five-Year High
… The Bloomberg Consumer Comfort Index (COMFCOMF) improved to minus 27.3 in the seven days ended July 21, matching its highest level since January 2008, from minus 28.4 the prior period. [cont.] Victoria Stilwell, Bloomberg Read more »
Economic Confidence Stalls
Americans are less upbeat about the economy now than they were in May and June. Gallup’s U.S. Economic Confidence Index held steady at -12 last week, but the current score is substantially lower than the five-year weekly high of -3 reached in late May and early June. [cont.] Alyssa Brown, […] Read more »