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Showing 61 - 70 of 435 results for "consumer sentiment"

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... in housing demand conditions in coming months." Worse, the latest read from the Westpac-Melbourne Institute consumer sentiment survey showed the "Index of House Price Expectations fell 4.1% to 95.9 in January, marking a new cycle low and the weakest ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... for this trip down memory lane was headlines talking about the big drop in the University of Michigan's consumer sentiment index for January. I could paraphrase UM's report, but its chief economist - Richard Curtin - has laid it out clearly and ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... in the previous one. This, along with rising consumer confidence - the Westpac-Melbourne Institute index of consumer sentiment rose to an 11-month high of 104.3 in November from 101.5 in the previous month - augurs well for consumer spending in the coming ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... October from 2.8% in the previous month. No wonder American consumers are so happy. The Conference Board's consumer sentiment index rose to an 18-year high of 137.9 in October - same with present and future expectations. Not only this, the Conference ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... cycle of optimism, even greater spending, jobs and growth. Speaking of optimism, the University of Michigan consumer sentiment index remains at its strongest level since the year 2000 despite its recent slip from 99 in September to a reading of 98.6 ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... shelves because of dwindling purchases (unwanted inventory build-up) but the Conference Board's update on US consumer sentiment indicate that these re-stocking are more than wanted and deliberate. US consumer confidence jumped to a reading of 133.4 ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... remain just that. Latest data showed retail sales increased by 2.9% in the year to June and the reversal in consumer sentiment does not bode well for increased spending going forward. The Westpac Melbourne Institute Index of Consumer Sentiment declined ...

Financial services confidence continues spiral

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... executive Steven Burrell said banking, finance and insurance companies are likely to fall beyond their current consumer sentiment low-point as the financial services Royal Commission continues. For the third consecutive year, banks and financial institutions ...

Chief economist update: Not before we get a pay rise

BENJAMIN ONG  |  MONDAY, 6 AUG 2018
... their 'biggest financial worry'." This is in line with findings from the Westpac/Melbourne Institute consumer sentiment index. While overall consumer sentiment picked up to 106.1 in July from 102.1 in the previous month, the survey revealed pressure ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... points from 2.8 pps in the December 2017 quarter. And if the latest indications from the University of Michigan consumer sentiment survey is any guide, it shall be so...i.e. weak. Consumer sentiment fell to 98.2 in June inched up from May's final ...