U.S. consumer confidence rose in October after three consecutive months of declines, as a spike in concerns about inflation was outweighed by upbeat sentiment in financial and jobs prospects. The Conference Board said in an Oct. 26 report that its headline consumer confidence index rose to a reading of 113.8 in October, up from 109.8 in…
Consumer Confidence Jumps as Labor Market Optimism Outweighs Inflation Concerns
NTD Business Full Broadcast (Sept. 28)
Consumer confidence falling to a 7-month low, what are people concerned about? The energy crisis continues in Europe and China. One Chinese official is desperate for more coal imports. Ford announces its largest manufacturing investment ever. It says it will lead America’s transition to electric vehicles.
Consumer Sentiment Edges up but Inflation Fears Send Buying Attitudes to 40-Year Low
U.S. consumer sentiment ticked up slightly in September but remains mired at near decade lows, while worries about inflation drove buying attitudes for household durables to a low reached only once before in 1980, according to a University of Michigan survey. The University of Michigan’s consumer sentiment index edged up to a reading of 71…
NTD Business Full Broadcast (Aug. 31)
Consumer confidence plummeting to its lowest level in 6 months. We look at what that means for the economy. We might see fuel prices go up even more soon. Ida forced oil production to shut down, and experts say you should expect price fluctuations heading into the labor day weekend. And South Korea passes a…
NTD Business Full Broadcast (Aug. 13)
Consumer sentiment dropped sharply in early August to its lowest level in a decade, could it be a problem down the road? The Walt Disney Company releases its 3rd quarter earnings, and it had a great performance, beating expectations across the board. And Big Pharma is set to get a boost to profits …. from vaccine boosters.
Consumer Confidence Plummets as Half of Australia Enters Lockdowns
July 20, 2021
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Consumer confidence experienced its sharpest weekly drop since the start of the CCP virus pandemic as states announce lockdowns one after another to contain the Delta variant of the coronavirus. Currently, over half of all Australians are now in lockdown after South Australia announced restrictions were coming into force from 6 p.m. Tuesday, after five cases were…
US Consumer Confidence Races to More Than One-Year High in June
WASHINGTON—U.S. consumer confidence increased in June to its highest level since the COVID-19 pandemic started more than a year ago, bolstering expectations for strong economic growth in the second quarter. The Conference Board said on Tuesday its consumer confidence index jumped to a reading of 127.3 this month, the highest level since February 2020, from…
Consumer Confidence Increased on the Back of Low Unemployment
June 21, 2021
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Australian consumer confidence has surged despite the negative economic impact of Victoria’s fourth lockdown and the emergence of a new COVID-19 cluster in Sydney. According to ANZ-Roy Morgan’s consumer confidence index, it has risen 1.3 percent this week to 112.4 points, which is above the weekly average score and 14.9 points higher than the same week…
Australian Retail Spending Lifts on Buoyant Consumer Confidence
April 20, 2021
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Australia’s economy is well on the road to recovery, as new economic data on retail spending shows strong levels of consumer confidence. Preliminary retail trade figures for March released by the Australian Bureau of Statistics surpassed economists’ expectation of 1 percent growth, revealing a 1.4 percent increase in retail sales. The rise was lead by…
US Consumer Confidence Edges Higher; House Prices Accelerate
WASHINGTON—U.S. consumer confidence rose moderately in January while lingering concerns about the COVID-19 pandemic led to a further deterioration in households’ perceptions of the labor market, raising the risk of a second straight month of job losses. But the survey from the Conference Board on Tuesday showed consumers more than willing to buy homes and…
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