The Conference Board Consumer Confidence Index® decreased in September, following a slight decline in August. The Index now stands at 125.1 (1985=100), down from 134.2 in August. … “Consumer confidence declined in September, following a moderate decrease in August,” said Lynn Franco, Senior Director of Economic Indicators at The Conference […] Read more »
Trade Conflicts Weigh on Confidence, Posing a Risk to Trump
Economists and business leaders have been warning for months that President Trump’s trade war could damage the economy. The American public increasingly shares those concerns. Consumers have been a bulwark of support for the economy, remaining confident even as hiring has slowed, the manufacturing sector has slumped and financial markets […] Read more »
U-M Surveys of Consumers: Tariffs weaken confidence
The Consumer Sentiment Index posted its largest monthly decline in August 2019 (-8.6 points) since December 2012 (-9.8 points), according to the University of Michigan Surveys of Consumers. The 2012 plunge reflected widespread fears among consumers that they would be pushed off the “fiscal cliff” due to rising taxes and […] Read more »
Job Satisfaction Climbs to Highest Level in Over Two Decades
As American workers head into Labor Day weekend, a new nationwide survey reveals they’re feeling better about their jobs than they have in years. Published today by The Conference Board, Job Satisfaction 2019 finds some 54 percent of U.S. workers satisfied with their employment. That number is up three points […] Read more »
Conference Board Consumer Confidence Index Declined Marginally in August
The Conference Board Consumer Confidence Index® declined marginally in August, following July’s rebound. The Index now stands at 135.1 (1985=100), down from 135.8 in July. CONT. Conference Board Read more »
Americans’ economic outlook: Optimism, but Trump tweets and trade raise concerns
Slightly more Americans say they’re optimistic about the economy rather than pessimistic going forward, though many are unsure. Looking at their own pocketbooks, Americans are more optimistic about their own financial situation than pessimistic. As is the case with many views these days — even those that might seem otherwise […] Read more »