As Fed’s confidence rises, cracks in consumer sentiment appear
It may seem counterintuitive that the Federal Reserve raised interest rates on the day last week when inflation was shown to have declined in May for the second time in three months.
It may seem counterintuitive that the Federal Reserve raised interest rates on the day last week when inflation was shown to have declined in May for the second time in three months.
Americans are earning more money, but they weren’t doing a lot of mid-winter spending, and one reason may have been that income tax refund checks from Uncle Sam were slow to arrive.
The Conference Board said today that its Consumer Confidence Index rose sharply in March.
The preliminary Consumer Sentiment Index for February declined to 95.7 from January’s 98.5, the highest level in a decade.
Consumers are happy as the new year begins.
The Conference Board said today that its Consumer Confidence Index in August to its highest level in nearly a year.
Consumer confidence slipped in April more than economists expected.
The Conference Board said today that its Consumer Confidence Index improved in March.
The Consumer Confidence Index declined to 92.2 from 97.8 in January.
Consumer confidence improved moderately this month, rising to its highest point since October as the public’s short-term outlook improved.
Consumer confidence slipped in two key November surveys and home resales fell in October. New-home sales rose for the same month, but the increase missed economists’ expectations.
Consumer confidence declined for the second month in a row in November as Americans expressed fears about the job market.
The mood of American consumers, as measured by The Conference Board’s Consumer Confidence Index, was less optimistic in October.
The Conference Board’s Consumer Confidence Index showed moderate improvement in September.
Consumer confidence bounced back in August as The Conference Board’s Consumer Confidence Index rose to its highest level since January.
Consumer confidence continued to increase in June after a moderate improvement in May.
The Consumer Confidence Index climbed to 95.4 in May from a downwardly revised 94.3 in April as Americans displayed a more positive view of the labor market.