consumer News Updates

Business

Consumer Confidence Just Hit Its Highest Level in Almost 17 Years

U.S. consumer confidence rose more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market, according to figures Oct. 31 from the New York-based Conference Board.

October 31, 2017
Business

US Consumer Sentiment Rises to Highest Since Early 2004

Consumer sentiment climbed in October to the highest level since the start of 2004 as households grew upbeat about the outlook for the U.S. economy, a University of Michigan survey showed Oct. 27.

October 27, 2017
Business

Consumer Comfort Little Changed; Partisan Divide Widens

Americans’ confidence held steady last week, remaining near the highest level of the expansion, as faith in the buying climate improved while views on the economy deteriorated, Bloomberg Consumer Comfort Index figures showed Oct. 26.

October 26, 2017
Business

Economic Expectations Sour in October; Weekly Comfort Rises

Americans grew more pessimistic this month about the direction of the economy, though a measure of consumer sentiment rose in the most recent week, Bloomberg Consumer Comfort Index figures showed Oct. 19.

October 19, 2017
Business

Consumer Sentiment Unexpectedly Surges to 13-Year High

U.S. consumer sentiment unexpectedly surged to a 13-year high as Americans’ perceptions of the economy and their own finances rebounded following several major hurricanes, a University of Michigan survey showed Oct. 13.

October 13, 2017
Business

US Core Inflation Misses Estimates; Energy Boosts Main Gauge

U.S. inflation excluding food and fuel was below estimates for the sixth time in seven months, even as a hurricane-driven spike in energy prices boosted the overall cost of living by the most since January, a Labor Department report showed Oct. 13.

October 13, 2017
Business

US Retail Sales Rise Most Since 2015 on Storm-Related Lift

U.S. retail sales jumped last month by the most in more than two years as motor vehicles lost to hurricanes were quickly replaced and higher prices lifted receipts at gasoline stations, Commerce Department figures showed Oct. 13.

October 13, 2017
Business

Consumer Comfort Declines by Most in a Year on Finances

Americans’ confidence suffered its biggest weekly setback in more than a year as optimism about personal finances slumped, Bloomberg Consumer Comfort Index figures showed Oct. 5.

October 5, 2017
Business

Consumer Sentiment Cools as Storms Deliver Hit to Outlook

Concern over the fallout from a pair of late-summer hurricanes caused U.S. consumer sentiment to dip in September, though Americans remain relatively optimistic about the direction of the economy, a University of Michigan survey showed Sept. 29.

September 29, 2017
Business

Consumer Spending Cools on Drop in Vehicle Purchases

U.S. consumer spending cooled in August on a cutback in auto purchases that partly reflected less demand linked to Hurricane Harvey, Commerce Department figures showed Sept. 29.

September 29, 2017