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Showing 11 - 20 of 66 results for "US consumers"

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... continued strength in the US labour market and the boost to personal income (due to the tax cuts) should provide US consumers the wherewithal to keep on shopping. That, or as Richard Curtin declares, US consumers "now sense a need to buttress their precautionary ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... rate of 1.5% in the March quarter after the December 2017 quarter's strong 4% advance. Still, this represents the US consumers' resilience in the face of the increased volatility in the financial markets in the first quarter of 2018 and the prospect ...

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
... also showed 71.9% of respondents expect higher interest rates... surprise, surprise. As for Wall Street, 35.4% of US consumers expect stock prices to increase over the next 12 months, down from 40.1% in the previous month. This figure is the lowest proportion ...

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
... August, the 14th straight month of accelerating annual growth rate in home values. It's therefore not surprising that US consumers are lifting their credit borrowing. In the first seven months of 2017, the average annual growth rate in consumer credit ...

Fed gets green light

BENJAMIN ONG  |  WEDNESDAY, 16 AUG 2017
... with policy normalisation. Balance sheet unwinding and another rate hike before 2017 turns into 2018 - here we come. US consumers are back to what they do best - shopping. Retail sales increased by 0.6% in July after gaining 0.3% (revised from a 0.2% ...

Confident with a capital C

BENJAMIN ONG  |  WEDNESDAY, 29 MAR 2017
Ole! Ole! Ole! Ole! US consumers must be partying like it's the year 2000 for they have not been this optimistic since December of that year. The Conference Board's consumer confidence index surged to a reading of 125.6 in March from 116.1 in the previous ...

Consumer-powered

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
... growth in personal income was unchanged at 3.5% last month from November, but a step down from October's 3.7% rate. US consumers appear to be dipping into their savings to fund spending as indicated by the decline in the savings rate to 5.4% from 5.6% ...

Every American's turning optimist

BENJAMIN ONG  |  THURSDAY, 12 JAN 2017
... surged in December 2016 to 54.8. The survey details showed that despite easing by 0.3 points to 56.0 in January, US consumers remained optimistic about "six-month outlook" for the US economy. The personal financial outlook index increased by 2.5 points ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... in its September economic projections. This and the wealth effect created by the rallying stockmarket are making US consumers feel oh so good. The University of Michigan consumer sentiment index jumped to 98.0 in December - 0.1 shy of the current cycle ...

SMSFs continue hunt for information

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2016
Self-managed super fund trustees are increasingly turning to online resources to access information on investment, regulatory changes and diversification methods. New statistics released by AMP Capital show the number of members of the wealth management ...