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consumer confidence

Oct 28, 2013

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 […]

Jun 25, 2013

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 […]

Feb 27, 2013

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 […]

Jan 29, 2013

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 […]

Nov 1, 2012

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 […]

Aug 15, 2011

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.

Apr 26, 2011

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.

Mar 29, 2011

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 ...

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