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Showing 1 - 10 of 100+ results for "Conference Board"

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... expecting good jobs prospects, continued monetary policy accommodation and increased fiscal largesse. The latest Conference Board consumer confidence survey for April found that "the percentage of consumers saying jobs are "plentiful" increased from ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... outlook for income, business, and labor market conditions-also improved, from 90.9 last month to 109.6 in March" (Conference Board). Consumers' assessment of current and future labour market conditions also improved that, itself, was confirmed a ...

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

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... outlook for income, business, and labor market conditions-also improved, from 90.9 last month to 109.6 in March" (Conference Board). Consumers' assessment of current and future labour market conditions also improved. According to Lynn Franco, Senior ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... confidence. Here's the headline from the latest Conference Board's consumer confidence index report: "The Conference Board Consumer Confidence Index decreased in August, after declining in July. The Index now stands at 84.8 (1985=100), down from ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... previous month as businesses reopened and workers went back to work. Consumer confidence has also improved. The Conference Board and the University of Michigan's consumer sentiment index have risen sequentially in May and June from the seven-year ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
Financial markets expect the US Federal Reserve's FOMC meeting this week (7-8 November) to be a ho-hum event. In fact, the CME FedWatch Tool puts the probability of the Fed keeping the fed funds rate at 2-2.25% at 92.8% - almost a sure "no change" ...

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

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
From "fake news", US President Donald Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance ...

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
... This is no better underscored by the just-released results of the consumer confidence survey conducted by the Conference Board. Sure, the survey showed that overall consumer confidence declined to a reading of 127.7 in March from a downwardly revised ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... jumped to 63.0% from 62.7% in January, reflecting increased confidence among jobseekers of finding employment. The Conference Board consumer confidence index tracking employment expectations attests to this. Those saying "jobs are plentiful rose to a ...
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