Consumer Confidence

After five straight months of erosion, U.S. consumer confidence posted a strong rebound in May, fueled by a recovering stock market, hopes tied to easing U.S.-China trade tensions, and signs of moderating inflation—yet many consumers remain cautious and are increasing savings. The Conference Board'...

Walmart Inc. (NYSE:WMT) has witnessed a massive $22 billion loss in market capitalization following declining consumer confidence data. What Happened: Walmart’s stock price fell by 3.1% at market close on Tuesday, leading to a sharp decline in its market value to nearly $680 billion. The...

The University of Michigan’s March consumer confidence survey showed a rapid decrease in consumer confidence amid historically high inflation expectations. Economists say this could be a bad omen for the United States economy. The Report: The report, released Friday, showed an 11% month-over-...

The Conference Board Consumer Confidence Index fell sharply in February, declining 7.0 points to 98.3, marking the steepest drop since August 2021. This is the third consecutive monthly decline, bringing the index to the lower end of its two-year range. What To Know: The Conference Board Consumer...

American consumers are feeling better about the economy than they have in years, as the latest data Tuesday from The Conference Board shows. The Consumer Confidence Index rose from 111.3 in October to 111.7 in November, reaching its highest level in nearly two years, aided by an improving labor...

The University of Michigan’s widely followed consumer survey showed Friday that confidence hit a six-month high in November, driven by an optimistic future outlook and stable inflation expectations. November Consumer Sentiment Report: Key Highlights The consumer sentiment index rose from 70...

U.S. consumer confidence experienced a sharp and unexpected decline in September due to mounting concerns over the labor market, increasing speculation that the Federal Reserve might implement a consecutive 50-basis-point rate cut at its November meeting. The index measured by The Conference Board...

Wall Street is set for a subdued session on Friday as risk sentiment wanes due to low U.S. consumer confidence and rising political uncertainties in Europe. The University of Michigan reported the lowest U.S. consumer confidence reading since November 2023, significantly missing economists’...

The latest University of Michigan report shows a troubling drop in U.S. consumer confidence, signaling potential weakness in household finances alongside a worrying increase in consumer inflation expectations. “Consumer sentiment retreated about 13% this May following three consecutive months...

The latest April report on U.S. consumer confidence paints a bleak picture, showcasing a sharp decline in overall morale and a disturbing surge in inflation expectations among American consumers, according to data released Friday by the University of Michigan. "A slight uptick in inflation...

Confidence among consumers ticked higher this month, marking its third consecutive monthly increase and reaching its highest level since July 2021. The University of Michigan’s Consumer Sentiment Index rose slightly to 79.6 in February 2024, up from 79 points in January, indicating healthy...

Economist and Nobel laureate Paul Krugman weighed in on Monday on data that highlighted Americans’ optimism about their personal financial situations a year ahead. What Happened: The New York Federal Reserve released the results of its consumer expectations survey for January on...

U.S. consumer confidence in January continues to exceed even the most optimistic expectations among analysts, reaching its highest levels in two and a half years, a testament to the robust resilience of household demand. Meanwhile, existing home sales for December fell slightly below expectations,...

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...

The number of job openings in the United States plunged to a 28-month low of 8.827 million in July, according to data released Tuesday. This was down 338,000 from the previous month and well below economist expectations of 9.465 million openings. The decline in job openings was broad-based, with...