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Showing 71 - 80 of 632 results for "Consumer confidence"

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... indicators - GDP and inflation - have improved, others foretell of further weakness going forward. Eurozone consumer confidence fell to a reading of -7.9 in April from -7.2 in March as households became more pessimistic about their financial situation ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
... the FTSE-100 index gained 10.6% over the same period. This is a no-brainer given the latest UK survey stats. Consumer confidence has not deteriorated over the past three months - unchanged at -13 in February, March and April, but an improvement from ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... rate had been below the "median value of 4.3%". The outlook for jobs remain positive gauging from the March consumer confidence survey showing respondents saying "jobs were plentiful" remaining close to 18-year highs while those thinking that " "jobs ...

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

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... in the December quarter). Indications from more recent activity data - business conditions and confidence, consumer confidence and spending, the AiG performance of construction index, among others - are equally foreboding. So is the fast accelerating ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... aggregate" home value index has fallen by 6.6% in the year to 9 January 2019. These would certainly put a dent on consumer confidence but more importantly, the negative wealth effect from the stockmarket and falling property prices would ripple through ...

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

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... has accelerated to 0.25% in the September quarter from 0.06% 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 ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... Australia's widely-discussed 'Fox and Henhouse' advertising campaign, saying it served to detrimentally impact consumer confidence in the overall superannuation system. "Consumers should rightly assume that their money in their superannuation account ...

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

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... 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 in August from 127.9 in the previous month. This is much better than consensus expectations ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... payrolls report are more positive underpinnings. Below is the job expectations survey from the most recent US consumer confidence report. Consumers see jobs more plentiful and easier to get these days than in the last boom years before the global financial ...