NEW YORK (Reuters) - U.S. consumer confidence unexpectedly cooled in May, falling to the lowest level in four months as Americans became more pessimistic about the job market and economic outlook, according to a private sector report released on Tuesday.
BING NEWS:
- Here’s why consumer confidence dipped in December
Confidence was expected to continue to rise. Consumers cite inflation, politics and tariffs as factors they see influencing the economy.
12/23/2024 - 10:54 am | View Link - Consumer Headlines: Consumer confidence, retail sales, and stable gas prices
A surprising drop in the Consumer Confidence Index has caught the attention of economists this month. While analysts anticipated an increase, the index fell from 112.8 in November to 105.7 in December.
12/23/2024 - 7:15 am | View Link - More
- US consumer confidence approaching prepandemic level
The Conference Board Consumer Confidence Index® (CCI) improved further in June, following gains in each of the previous four months. The Index now stands at 127.3 (1985=100), up from its trough of 85.7 in April 2020 and just below its pre-pandemic reading of 132.6 in Feb 2020.
12/20/2024 - 1:57 pm | View Link - US Consumer Confidence Bounced Back in October
The Conference Board Consumer Confidence Index® increased in October to 108.7 (1985=100), up from 99.2 in September. The Present Situation Index —based on consumers’ assessment of current business and labor market conditions—increased by 14.2 points to 138.0.
12/20/2024 - 9:11 am | View Link - What is consumer confidence and why does it matter? | World Economic Forum
The CCI is measured against a base value of 100, with any values under this indicating a drop in confidence. The UK took one of the biggest hits to consumer confidence in 2022, with a fall to 92. And even the most optimistic populations had CCI numbers below 100, with South Korea and Australia recording scores of 98.
12/20/2024 - 8:13 am | View Link - US Consumer Confidence Increased in November
The Conference Board Consumer Confidence Index® increased in November to 102.0 (1985=100), up from a downwardly revised 99.1 in October. The Present Situation Index —based on consumers’ assessment of current business and labor market conditions—ticked down slightly to 138.2 (1985=100), from 138.6.
12/19/2024 - 6:16 pm | View Link - Consumer Confidence Survey® | The Conference Board
The Consumer Confidence Survey® reflects prevailing business conditions and likely developments for the months ahead. This monthly report details consumer attitudes, buying intentions, vacation plans and consumer expectations for inflation, stock prices and interest rates. Data are data available by age, income, region and top 8 states
12/19/2024 - 9:19 am | View Link - More
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