Up and down, up and down. Like a yo-yo dieter’s weight, consumer confidence in the U.S. seems to maintain a consistent pattern. It rose in June when tensions in the Middle East seemed to abate, following a dip in May, likely due to the war with Iran heating up. A ceasefire this past April had…
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After a negative report in late May, which came on the heels of three months of gains, nonprofit research firm The Conference Board’s Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, inched up by 0.6 points to 91.2 in June, up from a downwardly…
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, declined by 6.8 points in November to 88.7 from 95.5 in October, as already negative consumer attitudes toward the economy appear to be souring further. The Present Situation Index—based on consumers’ assessment of…