The Conference Board Consumer Confidence Index®, which had increased in October, posted a moderate increase in November. The Index now stands at 73.7 (1985=100), up from 73.1 in October. The Present Situation Index was virtually unchanged at 56.6 versus 56.7 last month. The Expectations Index rose to 85.1 from 84.0 […] Read more »

More Americans this month said the world’s largest economy will improve than at any time in the past decade, led by a surge among Democrats following the re-election of President Barack Obama. … “The gain is largely political in nature, occurring very disproportionately among Democrats,” said Gary Langer, president of […] Read more »

Household confidence climbed last week to the highest level in seven months as Americans became less pessimistic about the economy. The Bloomberg Consumer Comfort Index rose to minus 33.1 in the period ended Nov. 11 from minus 34.4 the previous week. The gauge has stayed above minus 40, the level […] Read more »

Gallup’s U.S. Economic Confidence Index was -11 for the week ending Nov. 11, little changed from -10 the week prior. Economic confidence has maintained its improved level during the first part of November — with the most favorable readings of the year and since the economic downturn in 2008. [cont.] […] Read more »

An increasingly upbeat view of the economy and jobs market drove U.S. consumer sentiment to a more than five-year high in early November, while a jump in wholesale inventories suggested the economy grew more than initially estimated last quarter. … The index of consumer sentiment from Thomson Reuters/University of Michigan […] Read more »

Consumer confidence climbed last week as Americans’ ratings of the economy reached the highest level in more than four years. The Bloomberg Consumer Comfort Index rose to minus 34.4 in the period ended Nov. 4, the best reading since April, from minus 34.7 the previous week. Twenty percent of those […] Read more »