The headline index for consumer confidence dropped to 92.9, slightly below our forecast of 93.3, the Conference Board reported on Tuesday. … READ MORE >
consumer confidence
Strong core business spending hints at another robust GDP report
American business spending on core equipment came in higher than forecast in December, with both orders and shipments pointing to strong growth to end the year. … READ MORE >
U.S. consumer confidence improves to highest level in more than a year
Consumer confidence edged up in November to its highest level in more than a year, driven by improved sentiment about both the current economic situation and future expectations. … READ MORE >
Consumer confidence strengthens despite cooling labor demand
Job openings fell to 7.4 million, the fewest since 2021, from 7.86 million, while hirings rose to 5.56 million from 5.4 million according to the Bureau of Labor Statistics. … READ MORE >
Job openings exceed forecasts as layoffs and quits reach multiyear lows
Job openings continued to point to strong labor demand, staying above forecast at 8.18 million in June. May’s number was also revised up to 8.23 million. … READ MORE >
Labor costs rise, complicating Fed’s decision on rate cuts
The employment cost index rose by 1.2% in the first quarter, up from 0.9% previously, while the year-over-year growth stayed elevated at 4.2%. … READ MORE >
U.S. economy remained resilient in first quarter amid signs of future softening
The data is not likely to change the Federal Reserve’s course on monetary policy, with the central bank likely to hold rates steady at its May meeting. … READ MORE >
Softer economic data reaffirms prospect of a soft landing
Softer economic data reaffirms we are inching closer to a soft landing
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Strong job openings and consumer confidence point to robust employment gains
Job openings inched up to more than 9 million, surpassing expectations and reflecting strong demand in December. … READ MORE >
Consumer confidence ends the year on a positive note
The increase in confidence was broad-based in December, with the overall index rising to 110.7 from 101. … READ MORE >