US consumer sentiment recovered to near record levels in July after falling for two months in a row, according to a monthly survey released Tuesday. Consumers reported rosier outlooks for the present and in the months ahead, but hopes for higher income cooled somewhat, according to the Conference Board. The Consumer Confidence Index rose 3.8 … Read more
US consumer confidence retreated in April after two months of records, as optimism about the economy dwindled, the Conference Board reported Tuesday. Consumers were less optimistic about the outlook in the short-term, while a growing percentage felt business conditions were bad, according to the monthly survey. The index slipped to 120.3 from 124.9 in March, … Read more
US consumer confidence continued to soar in March, hitting its highest level in more than 16 years, the Conference Board announced Tuesday. The index, which hit a 15-year record in February, spiked nearly 10 points, backed by the enthusiastic short-term outlook among consumers. The index now stands at 125.6, a big jump from 116.1 in … Read more
US consumer confidence rebounded in February to return to a 15-year high, the Conference Board announced Tuesday. After retreating in January, the Consumer Confidence Index jumped to 114.8, up from 111.6. The reading is now higher than at any time since July 2001. Analysts had instead expected the monthly survey report to show a drop … Read more