Tag: Conference Board

US consumer confidence slumps in October

US consumer confidence slumps in October

US consumer confidence slumped in October, the Conference Board has reported. The closely-monitored Consumer Confidence Index from the Conference Board dived to 39.8 this month from September’s reading of 46.4. Not only was the reading less than forecasts of a level of 46.0, it was the lowest since March 2009, when the US was in [...]

October 26, 2011 More
US consumer confidence remains weak in September

US consumer confidence remains weak in September

US consumer confidence remained weak in September, the Conference Board has reported. The closely-monitored Consumer Confidence Index from the Conference Board edged higher to 45.4 this month from August’s upwardly revised reading of 45.2. However, not only was the reading less than forecasts of a level of 46.6, it was the lowest since April 2009 [...]

September 28, 2011 | 0 Comments More
US house prices on “downward spiral”

US house prices on “downward spiral”

The Standard & Poor’s/Case-Shiller composite index of 20 metropolitan areas fell in March – the ninth consecutive monthly decline. According to the closely watched report, house prices were 0.2% lower in March on a monthly basis – albeit in line with forecasts. The index fell to 138.16, dipping below the 139.26 seen in April 2009 [...]

May 31, 2011 | 0 Comments More
US consumer confidence falls in March

US consumer confidence falls in March

US consumer confidence fell in March after higher energy prices fuelled fears of inflation and consumers were hit by falling income expectations. The reading from the closely-monitored Consumer Confidence Index from the Conference Board dived to 63.4 in March from February’s three-year high of 72.0. The reading was below expectations of a fall to 65.0 [...]

March 30, 2011 | 0 Comments More
US consumer confidence reaches five-month high

US consumer confidence reaches five-month high

US consumer confidence surged ahead in November to a five-month high. The reading from the closely-monitored Consumer Confidence Index from the Conference Board rose for the second consecutive month to 54.1 in November - up from a revised 49.9 in October and beating expectations of a reading of 52.5. However, while the index rose, it [...]

November 30, 2010 | 0 Comments More
US consumer confidence creeps up in October

US consumer confidence creeps up in October

US consumer confidence edged higher in October to 50.2, from a revised 48.6 in September. The reading from the closely-monitored Consumer Confidence Index from the Conference Board beat expectations of a level of 49.2. However, while the index rose slightly, it remains far away from the 90 points required to show that the world’s largest [...]

October 26, 2010 | 0 Comments More
US consumer confidence falls sharply in September

US consumer confidence falls sharply in September

US consumer confidence took a dive in September to 48.5, down from a revised 53.2 in August - the lowest since February 2010. The reading from the closely-monitored Consumer Confidence Index from the Conference Board was worse than the 52.0 economists had expected. Furthermore, the index is far away from the 90 points required to [...]

September 28, 2010 | 0 Comments More
US consumer confidence takes a dive in June

US consumer confidence takes a dive in June

US consumer confidence took a dive in June after rising for three consecutive months. The closely-monitored Consumer Confidence Index from the Conference Board plummeted to 52.9 in June, down from a revised 62.7 in May. June’s figure was short of analysts forecasts of 62 and remains far away from the 90 points required to show [...]

June 29, 2010 | 0 Comments More
US consumer confidence up in May

US consumer confidence up in May

US consumer confidence rose in may, despite fears about the debt crisis in the euro zone. The closely-monitored Consumer Confidence Index from the Conference Board rose for the third consecutive month to 63.3 in May, up from 57.7 the previous month. However, despite the rise, the index still remains far away from the 90 points [...]

May 25, 2010 | 0 Comments More
US consumer confidence recovers in March

US consumer confidence recovers in March

US consumer confidence recovered in March after taking a dive in February. The closely-monitored Consumer Confidence Index from the Conference Board rose to 52.5 in March, up from the 46.4 reading in the previous month. However, despite the rise, the index still remains far away from the 90 points required to show that the world’s [...]

March 30, 2010 | 0 Comments More
US consumer confidence tumbles in February

US consumer confidence tumbles in February

US consumer confidence took a dive in February after the closely-monitored Consumer Confidence Index from the Conference Board fell to a 10-month low of 46, down from a revised 56.5 in January. The index still remains far away from the 90 points required to show that the world’s largest economy is on solid footing. Furthermore, [...]

February 23, 2010 | 0 Comments More
US house prices rise, consumer confidence up

US house prices rise, consumer confidence up

The US economy experienced two sets of positive economic data today. Firstly, the Standard & Poor’s/Case-Shiller composite index of 20 metropolitan areas rose for the sixth consecutive month in November. According to the index, house prices were 0.2% higher compared with the October. Meanwhile, on an annual basis, the 20-city index was 5.3% down compared [...]

January 26, 2010 | 0 Comments More
US economic growth figures revised downwards

US economic growth figures revised downwards

The Commerce Department today revealed that the world’s no.1 economy grew at a far slower rate in the third quarter than previous estimates showed. According to official figures, the US economy grew by 2.8% between the July and September period, rather than the 3.5% previously reported. Today’s figures confirm that the economy exited its worst [...]

November 24, 2009 | 0 Comments More
US consumer sentiment falls unexpectedly in October

US consumer sentiment falls unexpectedly in October

US consumer confidence took a dive in October after the closely-monitored Consumer Confidence Index from the Conference Board fell to 47.7 from a revised 53.4 in September. It is the second time in two months that the index has fallen and analysts were surprised by the fall after they were expecting the reading to stay [...]

October 27, 2009 | 0 Comments More
US consumers not as hopeful as policymakers as confidence dips

US consumers not as hopeful as policymakers as confidence dips

Despite positive comments from Federal Reserve chairman Ben Bernanke that the US recession is very likely over and President Barack Obama saying the economy is improving, it seems US consumers are not sharing their optimism after confidence fell unexpectedly in September. The closely-monitored Consumer Confidence Index from the Conference Board fell from a revised 54.5 [...]

September 29, 2009 | 0 Comments More
US consumer confidence reading beats expectations

US consumer confidence reading beats expectations

The world’s largest economy continues its run of good news after consumer confidence rose in August. The closely-monitored Consumer Confidence Index from the Conference Board business organisation grew to 54.1 from an upwardly revised 47.4 the previous month. The latest reading exceeded market expectations but it is still well below the 90 mark - the [...]

August 25, 2009 | 0 Comments More
Conference Board reveals fall in US consumer confidence

Conference Board reveals fall in US consumer confidence

After a recent run of good news in the US, the Conference Board has today revealed a dip in consumer confidence this month. The news came as a bit of a shock since the latest University of Michigan’s index of consumer sentiment rose from 68.7 in May to 70.8 in June - the highest level [...]

June 30, 2009 | 0 Comments More
US consumer confidence tumbles to record low

US consumer confidence tumbles to record low

As recession bites and fears grow over job security, US consumer confidence has plummeted to a record low in January. According to the Conference Board’s monthly consumer index, confidence fell to 37.7, from a revised 38.6 in December, below analysts’ expectations of 39. The figure is the lowest since the New York-based group started monitoring [...]

January 28, 2009 | 0 Comments More