The Conference Board Consumer Confidence Index® declined sharply in March, following an increase in February. The Index now stands at 120.0 (1985=100), down from 132.6 in February. CONT. Conference Board Read more »
Our Great American Adaptation: Everything got worse this week
… I don’t want to spend too much time and space teasing out all the nuances of what our new abnormal means. The situation is changing too fast. So, for the sake of brevity, I present the five data points that I believe are worth seeing. 1. Consumer confidence tanks: […] Read more »
U.S. Employees Increasingly Seeing COVID-19 Effects at Work
Nearly three in 10 employed Americans now say that their employer has cut jobs, reduced hours or frozen hiring as a result of the novel coronavirus outbreak, marking an 18-percentage-point increase since mid-March. Part-time workers are more likely than those employed full time to report these negative effects on their […] Read more »
Navigating Coronavirus: March 26 Update
• Americans are personally feeling the impact of the economic downturn. • Americans appear to have lost some confidence in Trump’s response to the coronavirus pandemic. • There is broad demand for strong, sustained federal action to address the financial challenges faced by everyday Americans. CONT. – pdf Navigator Research Read more »
Recession fears high amid layoffs and pay cuts from coronavirus fallout
Americans are feeling the economic fallout from the spreading coronavirus crisis, with a majority saying the outbreak has caused a family member to lose their job or face a reduction in pay or hours — and even more fearing a recession that could be as bad or worse than the […] Read more »
A third report a job loss, half a pay cut as coronavirus crisis grips the economy
Economic impacts of the coronavirus crisis are gripping the nation: One in three Americans in an ABC News/Washington Post poll say they or an immediate family member have been laid off or lost their job as a result of the pandemic, and more – half – report a cut in […] Read more »