Consumers’ perception of the economy plays as vital a role in shaping market activity as hard economic data, as consumers will want to know whether the economy is on solid footing before they make a major financial decision (such as buying a home). The latest report on Consumer Confidence from the nonprofit Conference Board—based on…
The optimism of a new year does not seem to have brought a boost to U.S. consumer confidence—quite the opposite, in fact. According to the latest survey from the Conference Board, consumer confidence has fallen to its lowest level since 2014, lower even than the depths of the COVID-19 pandemic. “Confidence collapsed in January, as…
As a new year comes up around the corner, how are consumers feeling about the economy as this year ends? The latest monthly Consumer Confidence Index update, assembled by The Conference Board, found that confidence was down in December. The November Consumer Confidence Index, which was reported at the time as a sharp drop, saw…
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