Tag Archives: consumer confidence

April Employment Up, Q1 Consumer Spending Weak

Financial FAQs Total nonfarm payroll employment increased by 211,000 in April, and the unemployment rate fell to 4.4 percent from 4.5 percent in March, reported the U.S. Bureau of Labor Statistics today. Job gains occurred in leisure and hospitality, health … Continue reading

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Consumer Spending Down, Recession Looms?

Popular Economics Weekly Wow! First-quarter GDP was paltry enough at 0.7 percent but consumer spending was even more paltry, at only 0.3 percent for the most embarrassing annualized pace since 2009. Unemployment is unusually low and consumer confidence unusually high … Continue reading

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Slow Q1 GDP Growth Means What?

Financial FAQs Real gross domestic product (GDP) increased at an annual rate of 0.7 percent in the first quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2016, real … Continue reading

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Consumer Confidence Highest In 16 Years

Financial FAQs The Conference Board’s Consumer Confidence Index soared to its highest level in 16 years. Its Consumer Confidence Index®, which had already increased in February, improved again in March. The Index now stands at 125.6 (1985=100), up from 116.1 … Continue reading

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Private Payrolls, Consumer Confidence Signal Strong January

Popular Economics Weekly ADP is calling for substantial strength in Friday’s employment report, showing yesterday 246,000 for private payrolls, not including government jobs. This is far beyond expectations and would compare with December private payroll growth in the government’s report … Continue reading

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Why Are Consumers Happier?

Financial FAQs Why are consumers much happier during these holidays? The University of Michigan’s consumer sentiment index for November jumped 6.6 points to a six-month high while the Conference Board’s consumer confidence index jumped 6.3 points to 107.1 for its … Continue reading

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GDP Growth, Consumer Confidence Soar

Financial FAQs The economy grew at the fastest pace in over two years in the third quarter, as consumers, business investment and government increased spending. Gross domestic product expanded at a 3.2 percent annual rate in the Commerce Department’s second … Continue reading

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