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U.s. Consumer Confiden... Topics

‘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.

 

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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