November Consumer Confidence

U.S. consumer confidence decreased to a reading of 88.7 (1985=100) in November, as published this morning by The Conference Board. This compares to a revised reading of 94.1 in October.

The Present Situation Index component decreased to 91.3 from 94.4, while the Expectations Index component decreased to 87.0 from 93.8.

Says Lynn Franco, Director of Economic Indicators at The Conference Board: “Consumer confidence retreated in November, primarily due to reduced optimism in the short-term outlook. Consumers were somewhat less positive about current business conditions and the present state of the job market; moreover, their optimism in the short-term outlook in both areas has waned. However, income expectations were virtually unchanged and gas prices remain low, which should help boost holiday sales.”

Consumer Confidence

The U.S. consumer sentiment index, reported by the University of Michigan, increased slightly to 86.9 in November from 86.4 in October.

Consumer Sentiment

The recent trend:

Both Consumer COnfidence

October Consumer Confidence

U.S. consumer confidence increased to a reading of 94.5 (1985=100) in October, as published this morning by The Conference Board. This compares to a revised reading of 89.0 in September.

The Present Situation Index component increased to 9.7 from 93.0, while the Expectations Index component increased to 95.0 from 96.4.

Says Lynn Franco, Director of Economic Indicators at The Conference Board: “Consumer confidence, which had declined in September, rebounded in October. A more favorable assessment of the current job market and business conditions contributed to the improvement in consumers’ view of the present situation. Looking ahead, consumers have regained confidence in the short-term outlook for the economy and labor market, and are more optimistic about their future earnings potential. With the holiday season around the corner, this boost in confidence should be a welcome sign for retailers.”

CB COnfidence

The U.S. consumer sentiment index, reported by the University of Michigan, increased to 86.4 in October from 84.6 in September.

Consumer Sentiment

The recent trend:

Consumer Confidence

September Consumer Confidence

U.S. consumer confidence decreased to a reading of 86.0 (1985=100) in September, as published this morning by The Conference Board. This compares to a revised reading of 93.4 in August.

The Present Situation Index component decreased to 89.4 from 93.9, while the Expectations Index component decreased to 83.7 from 93.1.

Says Lynn Franco, Director of Economic Indicators at The Conference Board: “Consumer confidence retreated in September after four consecutive months of improvement. A less positive assessment of the current job market, most likely due to the recent softening in growth, was the sole reason for the decline in consumers’ assessment of present-day conditions. Looking ahead, consumers were less confident about the short-term outlook for the economy and labor market, and somewhat mixed regarding their future earnings potential. All told, consumers expect economic growth to ease in the months ahead.”

Confidence

The U.S. consumer sentiment index, reported by the University of Michigan, increased to 84.6 in September from 82.5 in August.

Sentiment

The recent trend:

Both

August Consumer Confidence

U.S. consumer confidence increased to a reading of 92.4 (1985=100) in August, as published this morning by The Conference Board. This compares to a revised reading of 90.3 in July, and is the highest consumer confidence has been since October 2007.

The Present Situation Index component increased to 94.6 from 89.7, while the Expectations Index component decreased to 90.9 from 91.9.

Says Lynn Franco, Director of Economic Indicators at The Conference Board: “Consumer confidence increased for the fourth consecutive month as improving business conditions and robust job growth helped boost consumers’ spirits. Looking ahead, consumers were marginally less optimistic about the short-term outlook compared to July, primarily due to concerns about their earnings. Overall, however, they remain quite positive about the short-term outlooks for the economy and labor market.”

CB Confidence

The U.S. consumer sentiment index, reported by the University of Michigan, decreased to 79.2 in August from 81.8 in July.

Michigan Sentiment

The Conference Board’s index has been trending upwards in 2014 while the University of Michigan’s index has been relatively flat.

Consumer Confidence