Americans’ confidence in the U.S. economy slipped slightly last week as record-high stock prices showed signs of pulling back on Friday, news coverage about the government’s negative jobs report continued, and both political parties took issue with President Barack Obama’s 2014 budget proposal. Gallup’s U.S. Economic Confidence Index was -17 […] Read more »
Gain for Highest Earners Helps Bolster Consumer Confidence
Confidence among U.S. consumers was little changed last week as gains for top earners helped overcome growing pessimism at the other end of the income scale. The Bloomberg Consumer Comfort Index was at minus 34 in the period ended April 7 compared with minus 34.1 the prior week. Those earning […] Read more »
You’re feeling the forced spending cuts
It looks like the effects of the forced spending cuts are starting to kick in with Americans, according to a new national poll. And a CNN/ORC International survey released Tuesday also indicates that the cuts, known inside the Beltway as the sequester, appear to be mostly affecting lower-income Americans. [cont.] […] Read more »
Economic Confidence Remains Steady
Americans’ confidence in the economy showed no change last week as the U.S. stock market’s rally slowed. The Gallup Economic Confidence Index was -13 for the week ending April 7. [cont.] Alyssa Brown, Gallup Read more »
Economic Confidence Slips in March
U.S. economic confidence fell slightly to -16 in March, from -13 in February, and is at its lowest level since December. Monthly economic confidence was at a five-year high in February, tied with the January 2013 and November 2012 scores. [cont.] Alyssa Brown, Gallup Read more »
Consumer confidence continues to improve in March
Consumer confidence continued to improve in March due to more positive signs of expanding employment, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of Michigan Surveys of Consumers. … The Sentiment Index was 78.6 in the March 2013 survey, up from 77.6 in February and […] Read more »