Regarding the economy’s six-month outlook. monitor the Consumer Confidence Index because rises in it are directly correlated with increases in consumer spending, which in the broadest sense.
U.S. consumer. to a six-month high while the expectations measure slipped. Confidence remains at historical highs amid a tight labor market, wage gains, and more cash on hand from tax cuts and.
· Economists monitor the Consumer Confidence Index because rises in it are directly correlated with increases in consumer spending, which in the broadest sense accounts for about 65% to 70% of U.S. GDP.
· WASHINGTON -U.S. consumer confidence shot up to an 18-year high in September – good news for retailers as the holiday shopping season approaches.
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U.S. Consumer Confidence Rises To 18-Year High In October. Updated on October 30, 2018 in Economy. Unfollow Follow. newshub247 0 0 on October 30, 2018. A report released by the Conference Board on Tuesday showed a continued increase in U.S. consumer confidence in the month of October.
· Investing.com – Confidence among U.S consumers rose in October, marking its highest level in 18 years, according to data released on Tuesday. The Conference Board’s index of consumer confidence increased to 137.9 this month, compared to a reading of 136.00 forecast by economists. That was its highest level since September 2000.
WASHINGTON (AP) – Americans’ consumer confidence rose in August to the highest level in nearly 18 years as their assessment of current conditions improved further and their expectations about the future rebounded. The conference board reported tuesday that its consumer confidence index rose to 133.4 in August, up from a reading 127.9 in July.
A measure of U.S. consumer confidence rose in October to an almost two-decade high, as consumers expected economic and jobs growth to power ahead in the coming months.
· WASHINGTON (AP) – Americans’ consumer confidence rose in August to the highest level in nearly 18 years as their assessment of current conditions improved further and.
Bloomberg U.S. Consumer Confidence Rises to Six-Month High By Katia Dmitrieva May 28, 2019 U.S. consumer confidence rose by more than expected to the highest level since November as Americans felt the best about current economic conditions in 18 years, highlighting the effects of a robust labor market and rising wages.