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Showing 21 - 30 of 632 results for "Consumer Confidence"

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... April to a record high reading of 25 in May. Not only that, despite the recent lockdown in Melbourne denting consumer confidence in June, the reading of 107.2 remains well-above its long-term average of 101.4 and is 14.5% higher than it was a year earlier. ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... confident because Australian consumers are confident and spending. The Westpac-Melbourne Institute index of consumer confidence remained elevated at a reading of 113.1 in May -- the second highest print for the Index since April 2010. One that augurs ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... 1998. According to Markit: "Survey respondents widely commented on a post-lockdown bounce in business and consumer confidence, alongside higher output levels due to the phased reopening of customer-facing areas of the UK economy." The flash UK manufacturing ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... a better place compared with the lockdowns of days past. Although the Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April, the 113.1 reading is the second highest since April 2010. And why not? Australia's labour ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... But as Ella Fitzgerald sings, "into each life some rain must fall". The Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April. Then again, and as Westpac points out, "It is still the second highest print for the Index ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... annualised jump in consumer spending - the one that accounts for about 70% of the US economy. The revival in consumer confidence suggests continued strength, if not further increases, in US consumer spending. The Conference Board's survey showed ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... previous month but remains at elevated levels and way above its long-run average of +6. The continued surge in consumer confidence due to the labour market renaissance - suggests further improvement in business conditions and optimism. The Westpac-Melbourne ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
... "outlook remains highly uncertain, determined in large part by both health-related restrictions, and business and consumer confidence". As such it will keep on giving... "The Committee agreed to maintain its current stimulatory monetary settings until ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... confidence going forward. No worries too for the Australian consumer. The Westpac-Melbourne Institute index of consumer confidence rose by 6.2% to a reading of 118.8 in March - the highest level since August 2010 "when Australia's post-GFC rebound ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... demand for many of their respective companies' services". The Services PMI report backs up rise in US consumer confidence (reported earlier). The Conference Board's consumer confidence index jumped by 19.3 points - the biggest monthly increase ...