Consumer confidence increased by 2.2 points in February to 91.2, up from an upwardly revised 89.0 in January, according to The Conference Board’s Consumer Confidence Index. The Present Situation Index, based on consumers’ assessment of current business and labor market …
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Consumer Confidence Hits Lowest Level Since April Amid Inflation, Weak Labor Market Concerns
Consumer confidence fell in December to the lowest level since April’s tariff implementation, reflecting concerns about increasing inflation and a weak labor market, according to an analysis by the National Association of Home Builders’ Eye on Housing. The labor market …
Read More »Consumer Confidence Drops in September
Consumer confidence fell to the lowest level in five months as consumers remained concerned about increasing inflation and a weak labor market. The Consumer Confidence Index, reported by the Conference Board, measures how optimistic or pessimistic consumers feel about their …
Read More »Consumer Confidence Up in May
Consumer confidence surged in May, with The Conference Board’s Consumer Confidence Index, rising 12.3 points to 98.0, more than a 10-point increase from April. “Consumer confidence improved in May after five consecutive months of decline,” says Stephanie Guichard, senior economist, …
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