consumer confidence News
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Revolts From Wisconsin to Libya Pose Economic Threats
Americans are more confident about the state of the economy than at any point in the past three years. But the world may soon burst their bubble. The Conference Board said today that its consumer confidence index for February leaped to 70.4 from a level of 64.8 for the previous month. Though still a bit weak by historic...
Fed Rescue Effort for Economy Would Carry Risks
(Oct. 15) -- The straggling jobs market, foreclosure epidemic and rash of vulnerabilities across the American economy seem to call for a rescue effort from the Federal Reserve, but any such rescue bid would come with risks of its own. Fed Chairman Ben Bernanke today made the case for additional economic aid, arguing that...
Opinion: A Tale of Two Economic Recoveries
(Sept. 21) -- You'd think the news that the Great Recession is officially over would be something to cheer about. On Monday, the National Bureau of Economic Research -- the official recession scorekeeper -- said the downturn that began in December 2007 ended way back in June 2009. Anyone feel like celebrating? The news...
Contra Washington Post, Americans Likely to Save More, Not Less
(Aug. 31) -- Robert Samuelson, The Washington Post's economics and politics columnist, surveys the country's lingering economic malaise and points his finger at consumers. He wrote Monday: Why is the recovery faltering? There are many explanations: a depressed housing market; weaker-than-expected exports; cautious...
More Foreclosures Expected as Housing Crisis Continues
(July 29) -- In the first six months of this year, households in most of the country's largest 200 cities received more foreclosure warnings than in the first half of 2009, The Associated Press reports. High unemployment -- 9.5 percent in June, which doesn't include the millions of Americans who are no longer eligible for...
consumer confidence News From AOL
Consumer confidence essentially unchanged
NEW YORK -Consumers' confidence in the economy remained weak in September after dropping to a post-recession low during the month before as Americans continue to worry about high unemployment and low wages.
Consumer Confidence Is Killing the Economy
With headlines like these, high unemployment, debt-ceiling drama, and a rocky stock market, who wouldn't feel down in the dumps about the economy?
Consumer confidence rises in July
NEW YORK -A private research group is reporting that U.S. consumers' confidence rose slightly in July as their concerns about jobs and income eased somewhat.
Debt Ceiling Standoff Is Hurting Consumer Confidence, Goldman Economist Says
Washington is struggling to reach a deal on the debt ceiling , and American consumer confidence is slipping.
Consumer Confidence Drops in December
As for November, confidence was revised higher to 54.3 from an earlier estimate of 54.1. Consumer expectations dropped to 71.9 in December from 73.6 in November, with the assessment of the present situation decreasing to 23.5 from 25.4. So, consumers are concerned about jobs in the present and in the future, but we are...
Background on consumer confidence
Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.
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