Americans’ confidence in the economy continued to improve last week as the U.S. stock market hit all-time highs before slipping on Friday. Gallup’s Economic Confidence Index rose to -14 — the highest since the -13 reading for the week ending Feb. 24, before the budget sequestration cuts took effect on […] Read more »
Consumer Comfort Improves to Highest Level Since April
Confidence among U.S. consumers climbed for a sixth straight week to the highest level since April as a rally in stock prices and improving job market boosted Americans’ view of their finances. The Bloomberg Consumer Comfort Index advanced to minus 31.6 in the week ended March 10 from minus 32.4 […] Read more »
Economic Confidence Improves After Post-Sequester Slip
Americans’ confidence in the economy improved last week after it was shaken during the debate in Washington about the budget sequestration. Gallup’s Economic Confidence Index improved to -17 from -22 the prior week, when the budget sequestration took effect. Still, last week’s score is nine percentage points lower than the […] Read more »
Consumer Comfort Improves to Highest Level This Year
Confidence among U.S. consumers rose for a fifth week, reaching the highest level this year as improving stock and home prices gave households a lift. The Bloomberg Consumer Comfort Index improved to minus 32.4 in the week ended March 3 from minus 32.8 in the prior period. The share of […] Read more »
Economic Confidence Falls as Sequester Becomes Reality
Gallup’s Economic Confidence Index fell to -22 last week from -13 the week prior, with most of the decline occurring after Congress and the president ultimately failed to avert the $85 billion in budget cuts mandated as part of the sequestration legislation. The weekly average of -22 is the lowest […] Read more »
Consumer sentiment boosted by jobs optimism in Feb
… The Thomson Reuters/University of Michigan’s final reading on the overall index on consumer sentiment rose to 77.6 from 73.8 in January, topping expectations for attitudes to hold steady with February’s preliminary reading of 76.3. [cont.] Reuters Read more »