… So the $16-trillion question is: With 35 Senate seats up for grabs next fall, can the Republicans win control of the upper chamber? … Obviously, the unique dynamics of individual races will sometimes be decisive; but on average, races tend to balance themselves out. More generally, such contests are […] Read more »
Consumer Confidence Rises to Highest Level in Two Months
Confidence among U.S. consumers rose last week to its highest since early October, propelled by gains among almost every income group. The Bloomberg Consumer Comfort Index increased to minus 31.3 in the period ended Dec. 1, its highest since Oct. 6, from minus 33.7, almost erasing declines caused by the […] Read more »
Economic Confidence Rises in November
Americans were much more upbeat about the U.S. economy in November than they were in October, but are still less confident than they were in the months before the federal government shutdown. Gallup’s Economic Confidence Index averaged -25 in November, improving from -35 in October but still below the -19 […] Read more »
Consumer Confidence in U.S. Increases to Almost Two-Month High
Confidence among U.S. consumers rose last week to the highest level since early October as tensions in Washington calmed and hiring improved. The Bloomberg Consumer Comfort Index increased to minus 33.7 in the period ended Nov. 24, the strongest in seven weeks, from minus 34.6. CONT. Ben Schenkel, Bloomberg Read more »
The Economic Implications of the 2013 Elections
… In 2013, voters across the country approached the polls with a very clear agenda, expressing not only their ongoing anxiety about the state of the economy, but also their strong desire to help the middle class and level the economic playing field for working families. This trend was not […] Read more »
Americans’ Confidence in the Economy Falters
Americans’ confidence in the economy stalled last week after improving for five consecutive weeks. Gallup’s Economic Confidence Index slipped two points to -26, but remains more positive than the -39 found during the recent government shutdown. Still, weekly confidence is significantly below the -15 mark measured leading up to the […] Read more »