The headline consumer confidence index released by the Conference Board on Tuesday declined to 113.8 in August from a downwardly revised 125.1 in July in the latest sign that the spread of the delta variant is beginning to weigh on the economy. The decline brings the index to the lowest level since ... READ MORE >
Conference Board
CHART OF THE DAY: Leading economic index points to robust expansion of industrial production
There are more signs of a recovery in the works. Both industrial production and the Conference Board’s leading economic indicator reported positive year-over-year growth rates in March, recent data shows. The leading indicator index from the Federal Reserve strongly implies a return to pre-pandemic ... READ MORE >
CHART OF THE DAY: Leading indicator points toward economic reflation
The Conference Board’s leading economic indicator continues to point toward a reflation of the economy from the shock of the pandemic. The board's Leading Economic Index, released on Monday, showed a monthly gain of 0.5% in January to 110.3, continuing a string of increases. We expect a 6.1% rate of ... READ MORE >
CHART OF THE DAY: Consumer confidence bounces back
After hitting a six-year low in August, consumer confidence firmly beat expectations and rebounded in September. The Conference Board, a think tank, reported Tuesday that its consumer confidence index rose to 101.8 — a jump from 86.3 in August — and surpassed analysts’ forecasts of a slight ... READ MORE >