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Government shutdown hits U.S. consumer confidence
WASHINGTON — U.S. consumer confidence fell in October as concern grew that the partial government shutdown and political fight over the nation’s borrowing limit would slow growth. The University of Michigan said Friday that its index of consumer sentiment fell to 73.2 from 77.5 in September. The index has fallen for three straight months after […]
US consumer confidence at five-year high in June
WASHINGTON — Americans’ confidence in the economy rose to its highest level in more than five years, bolstered by a more optimistic outlook for hiring. The Conference Board, a New York-based private research group, said Tuesday that its consumer confidence index jumped to 81.4 in June. That’s the best reading since January 2008. And it […]
Consumer confidence rebounds in February
NEW YORK — Americans’ confidence in the economy rebounded in February, reversing three straight months of declines as shoppers began adjusting to a payroll tax hike last month. The New York-based Conference Board says Tuesday that its Consumer Confidence Index stands at 69.6, up from a revised 58.4 in January. Economists had expected 60.5, according […]
US consumer confidence plunges on higher taxes
WASHINGTON — U.S. consumer confidence plunged in January to its lowest level in more than a year, reflecting higher Social Security taxes that left Americans with less take-home pay. The Conference Board said Tuesday that its consumer confidence index dropped to 58.6 in January. That’s down from a reading of 66.7 in December and the […]
US consumer confidence highest since Feb. 2008
WASHINGTON — Americans’ confidence in the economy surged last month to the highest level in nearly five years, as many were encouraged by an improving job market. The Conference Board said Thursday that its consumer confidence index increased in October to 72.2. That’s up from a revised 68.4 in September and the highest reading since […]
Biggest roadblock for housing market – consumer confidence
Consumer confidence is one of the biggest problems facing the housing market. While it is a factor nationwide, local builders are not facing some of the other challenges of their counterparts in other states such as a large number of foreclosures or excess inventory.
Consumer Confidence Index rises in April
NEW YORK — Americans' concerns about jobs and inflation eased somewhat in April, pushing the Consumer Confidence Index higher. The increase comes after an unexpected drop in March. But the measure had risen for five consecutive months before that and hit a three-year high in February.
Inflation worries push consumer confidence lower
NEW YORK CITY — U.S. shoppers' worries about juggling rising gas and food prices and other household costs pushed the Consumer Confidence Index down sharply in March. The decline, which followed a three-year high in February ...
Case Digests
- Fourth Department – Breach of contract: Hausrath Landscape Maintenance Inc. v. Caravan Facilities Management LLC
- Second Circuit – New York Child Victim’s Act: Kane v. Mount Pleasant CSD; Coe v. Eastport Union Free School
- NYS Advisory Committee on Judicial Ethics – Appointing law clerk: Opinion 22-149
- Fourth Department – Bill of particulars: Harris v. Rome Memorial Hospital, et al.
- NYS Advisory Committee on Judicial Ethics – Accusations against co-judge: Opinion 22-148
- Fourth Department – Medicaid: Washington Center for Rehabilitation and Nursing Home v. NYS Dept. of Health
- Fourth Department – Criminal possession of a firearm: People v. Wilson
- Fourth Department – Promoting prostitution: People v. Watts
- Second Circuit – Class certification: Arkansas Teachers Retirement System V. Goldman Sachs Group Inc.
- Fourth Department – Show-up identification: People v. Waggoner
- Fourth Department – Association: Victory Village Tenants Assoc. v. Evergreen Communities, et al.
- Second Circuit – In personam jurisdiction: Kaplan v. Bank Saderat PLC
Law News
- Greenlight Networks selects Buffalo-based attorney as general counsel
- Barclay Damon hires attorney Matt Smith
- Rochester man sues Geneseo police, alleging false arrest, assault
- The Daily Record’s Power List for Intellectual Property 2023
- NY ethics panel says judges can join NRA
- Harter Secrest & Emery LLP names partner-in-charge of Buffalo office
- Banned professor sues SUNY Fredonia leaders
- Hochul signs law requiring unemployment insurance information from employers
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