Confidence among U.S. consumers fell for a second straight week as Americans’ views of the economy dimmed. The Bloomberg Consumer Comfort Index dropped to minus 34.4 in the week ended March 24, a six-week low, from minus 33.9 in the prior period. The decrease was within the margin of error […] Read more »
D.C. Metro Area Again Leads U.S. in Economic Confidence
Residents of the Washington, D.C., metropolitan area expressed the most confidence in the U.S. economy among the largest 50 metro areas in 2012, as they did in 2011. … Residents of Jacksonville, Fla., had the lowest economic confidence of this group in 2012, with a score of -28, followed closely […] Read more »
Conference Board Consumer Confidence Index® Declines in March
The Conference Board Consumer Confidence Index®, which had improved in February, declined in March. The Index now stands at 59.7 (1985=100), down from 68.0 in February. The Present Situation Index decreased to 57.9 from 61.4. The Expectations Index declined to 60.9 from 72.4 last month. [cont.] Conference Board Read more »
Economic Confidence Heads Back Down
Americans’ confidence in the economy stalled out last week, with the Gallup Economic Confidence Index dropping slightly to -16 after registering improvements for two straight weeks. [cont.] Elizabeth Mendes, Gallup Read more »
Do Millennials Stand a Chance in the Real World?
… In the past year or so, data have come in regarding how my own generation, often called Generation Y, or the millennials, has adapted to our once-in-a-lifetime financial crisis — the one that battered career prospects, drove hundreds of thousands into the shelter of schools or parents’ basements and […] Read more »
Obama Job Approval Slips as Economic Pessimism Rises
Barack Obama’s job approval rating has tumbled since shortly after his re-election, as the public’s economic expectations for the coming year have soured. Despite substantial public awareness of recent gains in the stock market and rebounding real-estate values, the percentage saying economic conditions will get worse over the next year […] Read more »