Elevated US Consumer Comfort Index Signals Sustained Growth
Americans’ confidence hovering near a decade high bodes well for sustained expansion in the U.S. economy, Bloomberg Consumer Comfort Index figures showed June 8.
Americans' Comfort Rises on Strongest View of Finances in Decade
Americans are the most upbeat about their finances in a decade, which will probably help consumer spending contribute more to the U.S. economy in the second quarter, Bloomberg Consumer Comfort Index figures showed June 1.
Consumer Confidence Eases on Economic, Jobs Expectations
Americans this month became less upbeat about the outlook for jobs and business after sentiment reached a 16-year high two months ago in anticipation that Washington lawmakers would help recharge the economy, according to data from the New York-based Conference Board released May 30.
Consumer Spending Signals Second-Quarter Rebound On Track
The consumer is on track for a second-quarter comeback after a weak stretch at the start of the year, as Americans kept up spending in line with income gains in April, Commerce Department figures showed May 30.
US Consumer Sentiment Signals Gains in Spending Remain Likely
U.S. consumer sentiment holding near post-election highs reflects an improved outlook on wages and indicates spending is poised to rebound, though a partisan gap persists, University of Michigan survey data showed May 26.
More Optimism About Buying Climate Signals Spending Rebound
Consumer spending may be set to emerge from a weak first quarter as Americans last week became more upbeat about the buying climate than at any time in the last 15 years and optimism about personal finances reached a decade high, Bloomberg Consumer Comfort Index figures showed May 25.
Post-Election Rally Fades for Americans' Economic Expectations
This month’s slide in Americans’ economic expectations to the lowest level since November indicates the euphoria about U.S. growth prospects since the election has diminished, Bloomberg Consumer Comfort Index figures showed May 18.
It's Back to Steady for US Economy as Retail Sales, CPI Rise
Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
Four-Month High in Consumer Sentiment to Sustain Spending
A four-month high in consumer confidence indicates Americans remain optimistic about their incomes, helping to support steady growth in spending this year, University of Michigan survey data showed May 12.
Rebound in Consumer Prices Shows Inflation Stabilizing
A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policymakers to raise interest rates, Labor Department figures showed May 12.