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Showing 41 - 50 of 645 results for "Consumer confidence"

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 ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
Healthier consumers are happier consumers are spending consumers. US consumer confidence has rebounded to its highest level since the onset of the pandemic in America in March last year. This is hardly surprising with cases of coronavirus infections ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... continue to lag". Confident businesses beget confident consumers (through the labour market), making the jump in consumer confidence hardly a surprise. The Westpac-Melbourne Institute index of consumer confidence rose by 2.6% to a reading of 111.8 in ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... after the recovery in wages and before the vaccine reached Australian shores - was that both business and consumer confidence were back. The NAB business confidence index jumped by five percentage points to a reading of +10 in January - above its long-run ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... increased household spending, higher corporate profits, lifting business confidence, raising employment, buoying consumer confidence... Further, the Australian Financial Review ( AFR ) reports that: "More than 2.1 million workers have left the JobKeeper ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... increased household spending, higher corporate profits, lifting business confidence, raising employment, buoying consumer confidence... NAB chief economist, Alan Oster, has the same views that as demand picks up, which should, in turn, see businesses ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
... the US continues to record high rates of infections and deaths. This would put added downward pressure on consumer confidence and by extension, consumer spending. Already, the Conference Board's consumer confidence index has dropped to a seven-month ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... increased household spending, higher corporate profits, lifting business confidence, raising employment, buoying consumer confidence... Then again, third and fourth wave cases of infections dictate that Australia must remain on its guard until "the vaccine" ...