Consumer Confidence at High Point

In August, consumer confidence rose, posting a 133.4 reading in the Consumer Confidence Index® from The Conference Board. July’s reading was 127.9. The Expectations reading of the Index, which gauges how consumers feel about their business, employment and income prospects six months out, improved, as well, to 107.6, while the Present Situation reading, which gauges […]

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Consumer Confidence Retracts

Consumer confidence retracted in March, posting a 127.7 reading in the latest Consumer Confidence Index® from The Conference Board. February’s reading was 130. The Expectations reading of the Index, which gauges how consumers feel about their business, employment and income prospects six months out, fell to 106.2; in addition, the Present Situation reading, which gauges […]

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February Jobs Impress

Fed Has Green Light February brought the economy an impressive 313,000 jobs and 4.1 percent unemployment, with average hourly wages up four cents to $26.75. Construction jobs, notably, rose by 61,000. “[These] employment numbers strengthen the view that the U.S. economy is still on a strong growth trajectory,” said Gad Levanon, chief economist for North […]

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Consumer Confidence Leaps

Consumer confidence leapt in February, posting a 130.8 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 109.7, while the Present Situation reading rose to 162.4. January’s reading was 124.3. “Consumer confidence improved to its highest level since 2000 (Nov. 2000, 132.6) after a modest […]

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Consumer Confidence Keeps Improving

Consumer confidence kept improving in August, posting a 122.9 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 104.0, while the Present Situation reading rose to 151.2. July’s reading was 120.0. “Consumer confidence increased in August following a moderate improvement in July,” said Lynn Franco, […]

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July Jobs Report Signals Riper Conditions for Housing

The U.S. economy added 209,000 jobs in July, the Labor Department recently reported, flouting expectations and signaling riper conditions for the housing market. The unemployment rate retreated to 4.3 percent, a low, and hourly wages on average went up 0.3 percent to $26.36. “[July’s] strong jobs report showed some good news,” says Danielle Hale, chief […]

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Consumer Confidence Ticks Back Up

Consumer confidence ticked back up in June, posting a 118.9 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index fell to 100.6, while the Present Situation reading rose to 146.3. May’s reading was 117.6. “Consumer confidence increased moderately in June following a small decline in May,” said […]

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Consumer Confidence Wanes after 15-Year Spike

Consumer confidence waned in January after spiking to a 15-year high in December, posting a 111.8 reading in The Conference Board Consumer Confidence Index®. The Expectations reading of the Index fell to 99.8, while the Present Situation reading rose to 129.7. December’s reading was 113.3. “Consumer confidence decreased in January after reaching a 15-year high […]

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