Consumer sentiment climbed last week to its highest level in more than five years as Americans became more inclined to shop. The Bloomberg Consumer Comfort Index (COMFCOMF) increased to minus 28.3 in the period ended June 23, its highest level since January 2008, from minus 29.4 a week earlier. [cont.] […] Read more »
Conference Board Consumer Confidence Index® Increases Again
The Conference Board Consumer Confidence Index®, which had improved in May, increased again in June. The Index now stands at 81.4 (1985=100), up from 74.3 in May. … Says Lynn Franco, Director of Economic Indicators at The Conference Board: “Consumer Confidence increased for the third consecutive month and is now […] Read more »
Economic Confidence Stabilizing
Americans’ confidence in the economy is holding steady, with the public a bit more negative than positive about U.S. economic conditions. Gallup’s Economic Confidence Index for the week of June 17-23 was -8, virtually unchanged from the last two weeks, but down slightly from a peak of -3 in late […] Read more »
Consumer Comfort in U.S. Climbs as Views on Economy Improve
Consumer sentiment climbed last week from a two-month low as Americans’ views on the economy were the least pessimistic in five years. The Bloomberg Consumer Comfort Index increased to minus 29.4 in the period ended June 16 from minus 31.3 a week earlier. [cont.] Alexandria Baca, Bloomberg Read more »
Obama’s approval takes a hit over NSA leaks
President Obama’s approval rating is down in the aftermath of the NSA leaks. … This decline coincides with falling trust both in government and in Obama himself. Indeed, the biggest sign of trouble for Obama is not that his approval has fallen, but that it’s been accompanied by a similar […] Read more »
Economic Confidence Edges Downward
Americans’ confidence in the economy has declined slightly for two consecutive weeks after reaching its highest level in more than five years. Gallup’s Economic Confidence Index is now -9, the lowest it has been in over a month. [cont.] Alyssa Brown, Gallup Read more »