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Consumer Confidence Declines As Worries Over Economy Persist
Tuesday, June 25, 2024 - 1:22pm | 655Read More...Consumers are slightly more concerned over the economy this month as they assess current business and labor market conditions, according to data released Tuesday. The Conference Board said its Consumer Confidence Index dipped from 101.3 in May to 100.4 in June, while its Present Situation Index —...
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Consumer Confidence Rises More Than Predicted In November, But An Early Recession Signal Flashes
Tuesday, November 28, 2023 - 11:45am | 538Read More...U.S. consumer confidence managed to rebound more robustly than anticipated in November, hinting at an underlying resilience on the demand side. Beneath the surface, there are lingering concerns that cast a shadow over the nation’s economic outlook. The widely watched consumer confidence index...
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Investors Growing Weary Of 'No-Show' Recession: Why This Analyst Says Economy-Wide Downturn Is Less Likely
Friday, June 23, 2023 - 2:27am | 460Read More...The Conference Board's leading economic index released Thursday showed an extended declining streak but an analyst suggested he wasn't concerned. The LEI is a composite index consisting of different variables that is intended to predict turning points in the economy. This predictive index is highly...
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Q4 Retail Earnings Preview: Will The Results Reflect High Consumer Confidence?
Wednesday, February 28, 2018 - 5:04pm | 899Read More...While the economy's fundamentals are not picture-perfect, they still point to a healthy environment. A report released by the Conference Board Tuesday said that confidence among the U.S. consumers rose to the highest level in over 17 years. The consumer confidence index rose from 124.3 in...
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Consumer Confidence Increases in April on Improved Outlook
Tuesday, April 30, 2013 - 11:13am | 540Read More...The Conference Board Consumer Confidence Index, which had declined in March, increased in April to 68.1 from 61.9 in March. Note that the index began in 1985 with a reading of 100, and levels above 90 are generally consistent with a strong economy. As such, while improving, the reading is still...
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The Week Ahead: October Unemployment, Housing and Earnings
Monday, October 29, 2012 - 7:16am | 965Read More...The last week of October could prove to be significant for the markets. Notably, the final jobs report prior the U.S. Presidential election will be released at the end of the week, and the smaller employment reports (ADP, Challenger, etc.) will lead up to Friday's big release at 8:30 ET. A strongly...
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Consumer Confidence Falls in June for the Fourth Consecutive Month
Tuesday, June 26, 2012 - 11:46am | 489Read More...The Conference Board's Consumer Confidence Index is an indicator intended to measure consumer confidence in the United States, which is classified as the level of optimism for the general economic condition of the country. This index is expressed through consumer's activities of savings and...
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Evidence Grows That American Economy Is Improving
Friday, February 17, 2012 - 1:58pm | 743Read More...More evidence emerged today that the American economy is picking up steam. The latest figures from the Conference Board revealed that the index of leading economic indicators (LEI ) rose 0.4 percent during the month of January, which was the fourth month in a row that the closely observed economic...
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Consumer Confidence Sees Abrupt Decline in January
Tuesday, January 31, 2012 - 3:24pm | 475Read More...Hopes of a sustained growth to the US economy cooled somewhat as consumer confidence showed an abrupt decline this morning. Instead of a 68.0 reading predicted by FactSet-surveyed economicts, the Conference Board showed the Consumer Confidence Index standing at 61.1. The index is based on a base...
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Decline in Consumer Confidence
Tuesday, September 28, 2010 - 12:44pm | 157Read More...The Conference Board reported on Tuesday that US consumer confidence continued to be “quite grim.” The monthly gauge moved down to its lowest since February, to 48.5 in September. Director of the Conference Board's consumer research center, Lynn Franco said, “September's pullback in confidence was...
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Leading Indicators Rise
Monday, April 19, 2010 - 10:46am | 84Read More...The Conference Board's Leading Indicators Index increased 1.4 percent in March. Analysts had expected a 1.0 percent rise in March. The biggest contributors to the index's gain were the manufacturing work week, which increased to 41.0 hours from 40.5 hours. The interest rate spread tightened to 3.54...
