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U.S. consumer confidence drops sharply in January
US consumer confidence dove sharply for the second straight month in January, the Conference Board said Tuesday, with rising taxes cited as a likely reason for the surge in gloom. The board’s consumer confidence index sank to 58.6 in January from 66.7 in December, far below the 2012 peak of…
U.S. consumer confidence rebounds in September
US consumer confidence rebounded sharply this month after a plunge in August, the Conference Board said Tuesday in its monthly survey release. The board’s consumer confidence index hit its highest level since February, rising to 70.3 from 61.3 in August.…
U.S. consumer confidence plunges in August
US consumer confidence plunged in August to its lowest level in nine months, reflecting rising concerns over business and job prospects across the country, the Conference Board said Tuesday. The board’s consumer confidence index dropped to 60.6 from 65.4 in July, though still well above the 45.2 index level of…
Americans more pessimistic about economy in May
Americans became slightly more pessimistic about the economy in May, a survey showed Tuesday, with consumers saying their opinion of the current situation and expectations of the future had weakened. The Conference Board said its consumer confidence index declined from 68.7 in April to 64.9 in May. “Consumers were less…
One-third of North Americans say they have ‘no spare cash’
By Susan Fenton LONDON (Reuters) – Global consumer confidence remained weak in the third quarter with more than 60 percent of consumers saying it was not a good time to spend, and one-in-three North Americans saying they have no spare cash, a survey showed on Sunday. The economic outlook, followed…
U.S. consumer confidence remains dark: survey
US consumer confidence remained near its lowest level in two years in September, a key survey showed Tuesday, as politicians continued to battle over how to boost the economy and add jobs. The Conference Board’s consumer confidence index edged up just slightly from its August level of 45.2, to 45.4.…
Asian shares mostly up on U.S. stimulus hopes
Asian markets were mostly up Wednesday, extending a recent rally on renewed hopes for a fresh round of US monetary easing despite weak consumer confidence data in the United States and Europe. Sydney rose 0.56 percent, or 27.3 points, to 4,296.5 while Hong Kong jumped 1.64 percent, or 330.68 points,…
US consumer confidence hits three year high
WASHINGTON — US consumer confidence hit a three year high in February as Americans became more optimistic that their finances would soon improve, according to a widely-watched indicator. “Consumers are more positive about the economy and their income prospects, but feel somewhat mixed about employment conditions,” said Lynn Franco, director…
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