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Showing 61 - 70 of 440 results for "Consumer Sentiment"

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... retail spending (down 1.2% in the month of December) that I penned is consistent with the equally big falls in consumer sentiment? Well, as it turns out the worm has turned. The University of Michigan consumer sentiment index bounced back 4.7 points ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... November and +3 in October. This is consistent with the latest read from the Westpac-Melbourne Institute index of consumer sentiment showing that pessimists outnumbered optimists in January 2019 - not a good omen for retail spending. Especially, given ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... fourth quarter on the back of four factors: China's slowdown, Australia's falling house prices and consumer sentiment, and the US Federal Reserve's reaction amid global trade concerns. Both think being short the Aussie dollar is a good hedge. ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... full-time employment, had been trending lower since August last year. The lead from the Westpac-Melbourne Institute consumer sentiment survey that shows the "unemployment expectations index" rising to a reading of 123.6 in January from 121 in December ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... forecast of a rate cut is based on four factors: China's slowdown, Sydney and Melbourne's falling house prices and consumer sentiment, and the US Federal Reserve's reaction amid global trade concerns. The Consumer Price Index (CPI) is currently below ...

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 ...