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Home | Tag Archives: Consumer Confidence

Tag Archives: Consumer Confidence

Report: Consumer Sentiment Highest in 14 Months


The increase in the headline index was driven by a more than four-point improvement in the gauge of consumer expectations, which rose to 75.6. On the other hand, the Current Conditions Index fell more a point to 98.5. According to Paul Diggle, U.S. economist for Capital Economics, the small decline "could reflect the weaker pace of payroll growth in August or even the slowdown in some measures of housing market activity."

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Housing Recovery Will Continue Into 2015 [Fannie Mae]


Improvements in the labor market in 2014 have not translated to widespread housing market recovery this year, according to the Fannie Mae August 2014 National Housing Survey. Instead, data in the survey indicated that recovery for the housing market will be slow heading into 2015. The number of people in the survey who said they believed now is a good time to sell a home fell six percentage points to 64 percent, an all-time low since the monthly survey began in June 2010. The number of people who said now is a good time to buy a home also declined to 38 percent.

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Late August Finds Consumer Sentiment On Rebound


Indeed, 59 percent of households with incomes in the top tier reported being better off now than they were before, while only 36 percent of those in the lower tiers said the same. At the same time, 34 percent of the top-income households reported net income gains, while there were no net gains reported in the bottom two-thirds.

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Consumer Confidence Reaches 7-Year High


August's increase was driven by an increase in Conference Board's measure of current economic sentiment, which grew to 94.6 from 87.9 in July. Most of that was spurred by more promising reports over the spring and summer as business and labor market indicators improved.

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Consumer Confidence Soars in June


U.S. consumer confidence jumped up more than four points from June to July, signaling a brighter economic outlook among Americans. The Conference Board's Consumer Confidence Index reached 90.9 in the group's July survey, up from 86.4 in June. As of July, the index stands at its highest level since before the Great Recession.

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Housing Confidence Up but there is Room to Grow

Consumers believe that their outlook is getting better. But they are not necessarily ready to participate in the housing market just yet. The June Housing Survey released by Fannie Mae shows that consumer sentiment toward the housing market is continuing to improve as the overall economic outlook improves but it still sits well below the level necessary for the market to normalize.

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Economic Conditions Top Concern in Fannie Mae Survey

In its latest monthly National Housing Survey, Fannie Mae found 57 percent of Americans still believe the economy is on the wrong track, flat from April's survey. Meanwhile, 38 percent said the economy is on the right path, up from 35 percent in the last survey but still down from last year's highs.

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Job Market Optimism Boosts Consumer Confidence

"Consumer confidence improved slightly in May, as consumers assessed current conditions, in particular the labor market, more favorably," said Lynn Franco, director of economic indicators at the Conference Board. "Expectations regarding the short-term outlook for the economy, jobs, and personal finances were also more upbeat."

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