U.s. Consumer Confidence | featured news

‘The world’s most useless economic statistic’

Bloomberg reports that U.S. consumer confidence is almost back to pre-recession levels. But is that actually good news? Over at the Big Picture, James Bianco says it’s not clear why “consumer confidence” is a useful metric. It’s not correlated with jobs. Or retail sales.


Consumer confidence rebounded in November

U.S. consumer confidence bounced back from a 2-1/2 year low in November as apprehension about job and income prospects eased, according to a private sector report released Tuesday.


Consumer confidence in October drops

Consumers' confidence in the economy fell in October to the lowest it's been since 2009 when the U.S. was in the middle of a deep recession, according to a report released Tuesday by a private research group.


US Stocks Rise In Afternoon Trade; Utilities, Consumer Sectors Lead

US stocks rose Friday as an upbeat retail sales report trumped a weak reading on consumer confidence, putting the Dow Jones Industrial Average on track for its first back-to-back gain in ...


Consumer confidence falls in June: Conference Board

Consumer confidence fell in June to the lowest point since November 2010 on concerns about the slack labor market and sputtering recovery, according to a Conference Board report released on Tuesday.


U.S. consumer confidence fell in March

U.S. consumer confidence fell in March after hitting a three-year high in the prior month as expectations about jobs and income growth worsened.


US consumer confidence takes hit

US consumer confidence fell sharply in October as fears about job prospects prayed upon Americans, figures show.


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