Economic data released on Tuesday added more mixed signals on the housing market in the wake of the wide fluctuations in mortgage rates over the past two months. At the same time, consumer confidence fell to the lowest level in four months as expectations markedly deteriorated. To begin with, housing ... READ MORE >
consumer confidence
Consumer confidence falls to six-month low
Consumer confidence inched down in May to the lowest level in six months as sentiment on both the current economy and expectations weakened. More important, labor market sentiment fell to the lowest level in two years, signaling a potential significant slowdown in May's job gains. More data on the jobs ... READ MORE >
Consumer confidence drops to lowest level since July 2022
Consumer confidence in April dipped to the lowest level since last July, driven by the deterioration in economic expectations as recession concerns mount. The top-line confidence index in April fell to 101.3 from 104.0 in March, while the expectations index dropped sharply to 68.1 from 74.0, ... READ MORE >
Consumer confidence falls in February amid a worsening outlook
American consumer confidence fell for the second straight month in February as expectations deteriorated to the lowest point since last July, the Conference Board reported on Tuesday. The top-line confidence index dropped to 102.9 from 106.0 in the prior month, while the expectations index ... READ MORE >
Consumer confidence drops as outlook darkens
Consumer confidence fell for the second month in a row as inflation and recession fears dampened the economic outlook. The Conference Board's confidence index dipped to 100.2 in November from 102.2 in October, significantly below the pre-pandemic level of 130. Rising prices remained consumers' top ... READ MORE >
Consumer confidence falls in October amid inflation concern
Consumer confidence fell below expectations in October as inflation concern persists. The Conference Board's consumer confidence index was down to 102.5 from 107.8 from a month earlier. Consumers' expectations for the median inflation over the next 12 months rose to 6.2% from 6.0%, the highest in three ... READ MORE >
Consumer confidence and core investment grow despite recession fear
American consumers and private businesses showed improved confidence in the economy despite recession concerns, according to economic data released on Tuesday. The data reaffirmed our forecast of a solid economic rebound toward the end of the year, pushing our recession call to next year. The ... READ MORE >
Consumer confidence drops as new home sales slump
Consumer confidence continued to fall in July to the lowest level since February 2021 amid inflation angst and an economic slowdown, the Conference Board reported on Tuesday. The top-line number fell to 95.7 from 98.4 in June, driven by broad declines across all components. But there was good news: ... READ MORE >
Chart of the day: Consumer confidence falls in May
Consumer confidence in the United States slid to a three-month low in May amid sticky inflation and a decline in job availability. With both factors likely to persist, we expect confidence to remain on a rocky path over the next couple of months. The Conference Board's Consumer Confidence Index inched ... READ MORE >
Consumer confidence declines slightly as new home sales fall 8.6%
Consumer confidence eased in April even as expectations for the next few months improved, the Conference Board reported on Tuesday. The consumer confidence index was down slightly in April, to 107.3 from 107.6 in March, remaining below the pre-pandemic level. The index, well known for its ... READ MORE >