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Showing 1 - 10 of 89 results for "US consumer confidence"

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: 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 ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... in January this year. The lead from the Conference Board's consumer confidence index offers no reprieve. US consumer confidence weakened for the second straight month in May - down to 117.9 from 119.4 in April and 124.9 in March. Consumer expectations ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 26 OCT 2016
US consumer confidence The Conference Board's consumer confidence index dropped to 98.6 in October following a downwardly revised 103.5 reading (from 104.1) in the previous month. This is much lower than market expectations for a slight decrease to ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2016
US consumer confidence The Conference Board's consumer confidence index jumped to 104.1 in September from an upwardly revised 101.8 in the previous month. This is better than consensus expectations for a dip to 99.0 and is the highest level since the ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
... as sales declined for both detached homes (down 7.4%) and apartments, townhouses and units (down 17.3%). US consumer confidence Another "case for an increase in the federal funds rate" arrived in the form of a resurgence in US consumer confidence. The ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
... target. Headline PCE price inflation was at 1.1% in April and the core PCE inflation rate was at 1.6%. US consumer confidence Perhaps they haven't heard of Brexit yet when they were polled by the Conference Board for US consumer confidence jumped from ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2016
... monthly gains of 2.9% in both February and March. Year-on-year, total building approvals increased by 0.7% US consumer confidence The strong gain in the University of Michigan consumer sentiment index in May - up to 94.7 from 89 in April - has prompted ...
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