Items Tagged with 'Present Situation Index'

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Consumer confidence increased once again in August as Americans place more faith in the current economic state. In fact, the Present Situation Index from The Conference Board remains at its 16-year high, even as expectations for the future grew slightly.

Consumers’ assessment of their current conditions increased in July, remaining at a 16-year high. Consumers are also more confident in the future of the economy, however they are less optimistic about their income prospects.

After wavering slightly the month before, Americans grew more confident in June. A new survey found consumers are more confident in current economic conditions, however, they are less sure about their short-term economic outlook.

Consumers are growing less confident in the economic future as they predict less job opportunities and a drop in income. However, while consumer confidence is slipping, it remains at high levels historically.

Consumer confidence slipped in April as Americans waivered in their future expectations. The Conference Board by Nielsen explains less consumers are saying business conditions are good and more expected the number of jobs on the market to drop in the coming months.

Consumer confidence took off in February, reaching its highest point in 15 years, according to The Conference Board. However, not every measure of consumer optimism showed an increase on consumer sentiment in February.

A survey conducted by The Conference Board by Nielsen shows that Americans are less confident in the economy in January. However, other measures of consumer confidence disagree with that notion. Americans are more confident in their present situation, but less optimistic about the future.

The elections and even the time leading up to the presidential elections brought a new wave of consumer confidence. In fact, consumers are now back at pre-recession levels when it comes to their confidence in the economy – both for their present situation and future expectations.

After hitting post-recession highs in September, consumer confidence dropped in October. According to one economist, the upcoming elections could be putting many consumers slightly on edge. Here’s more about where Americans say the economy sits, and where it’s headed.

The Conference Board says consumer confidence is down, but that doesn’t seem to be affecting consumer spending or even housing growth. See why economists think that is, and what other data points seem to conflict with The Conference Board findings.