Consumer sentiment gained another five points in an early December measure, putting confidence levels at a near eight-year high.
Read More »Consumer Sentiment Rises for Fourth Straight Month
Consumer sentiment hit yet another post-recession high in November, reflecting increased confidence in personal finances and the labor market heading into the holiday spending season.
Read More »Consumer Confidence Takes Downward Turn in November
According to the Conference Board, consumers in the latest survey were less optimistic about the labor market outlook, reflected in a decline in the share of respondents expecting more jobs in the next six months and an increase of more than 2 percentage points in the share expecting fewer jobs.
Read More »Consumer, Government Spending Boost Revised Q3 GDP Rate Up to 3.9 Percent
The U.S. economy continued to outperform in the third quarter as consumer and government spending provided a boost to gross domestic product (GDP). According to a second estimate from the Commerce Department, GDP grew at an annualized rate of 3.9 ...
Read More »Consumer Sentiment Ahead of November Predictions
Consumer sentiment in the United States jumped more than two points in a preliminary November estimate, beating economic forecasts and hitting a more than seven-year high.
Read More »Report: Consumer Confidence Recovers in October
At the moment, Americans' view of business conditions are mixed, with increases in both the number saying the business environment is currently good and those saying conditions are bad. On the jobs front, attitudes are slightly more positive: The share of consumers saying jobs are plentiful ticked up to 16.5 percent, while those saying jobs are hard to get fell marginally to 29.1 percent.
Read More »GDP Growth Slows Down But Still Beats Predictions for Q3
The nation's economy continued to grow at a brisk clip in the third quarter, slowing down from the prior period but still beating forecasts.
Read More »Survey Finds Consumer Spending Tight Despite Financial Security
Americans between the ages of 30 and 49 are the most likely right now to limit their monthly spending, according to Bankrate. The company notes Americans in that age range are in their prime years for buying a house or a car or starting a family.
Read More »Consumer Spending Rises for Second Straight Month
The index tracks consumer cash flow through a handful of measures—tax burden, initial unemployment claims, real wages, and new home prices—as an indicator of future consumer spending. Out of those four gauges, only one improved: Real hourly wages were up 0.5 percent from August to $8.86 in September, Deloitte reported.
Read More »September Consumer Confidence Rises to Highest Post-Recession Level
September's increase in confidence is the result of optimistic outlooks on the overall economy and personal incomes. In fact, of the two components that make up the overall consumer sentiment index—consumer expectations and current conditions—a rise in the former is solely responsible for the positive movement in September.
Read More »