Consumer confidence hits six-month low

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Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. If the consumer has confidence in the immediate and near future economy and his/her personal finance, then the consumer will spend more than save.

Jobless claims fall but spike in energy sector claims signals problems New claims for jobless benefits in the US fell to the lowest level since 2008 last week, offering evidence that a labour market recovery is solidifying. Initial jobless claims fell by 20,000 to.

Consumer confidence surged to a record level this month, defying economic headwinds such as the U.S.-China trade war and higher gasoline prices.. Pound hits 2-year low as UK gov’t says no-deal.

It also further underscores the disconnect between Wall Street and Main Street; consumers’ confidence fell further even as stocks rebounded in September. The Conference Board, based in New York, said.

6 Top Stocks to Buy as Consumer Confidence Hits 6-Month High. The rebound in hiring ensured that the unemployment rate for March was unchanged at a 50-year low of 3.8%.. This month’s.

 · The July readings of the KIC score range from -5 in South Africa to +28 in Ghana. Kenya consumer confidence hit an all-time low at -1 in July ahead of the presidential elections. The index has been trending down since the beginning of the year and is 3% down YTD and 5% down MoM.

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WASHINGTON – Consumer confidence tumbled in May to the lowest level in six months on continued worries over jobs and general business conditions, the Conference Board reported yesterday. The consumer.

Concerns about job security and weak wages growth has sent consumer confidence down to a six-month low. ANZ/Roy Morgan’s weekly consumer confidence index fell 1.7 per cent to its lowest level since August, leaving the index well below its long-run average.

WASHINGTON – Consumer confidence tumbled in May to the lowest level in six months on continued worries over jobs and general business conditions, the Conference Board reported yesterday. The consumer confidence index of the New york-based business research organization posted a reading of 61.5, down from 67.6 in April.

US consumer confidence rose to a six-month high in May despite market volatility and the renewed escalation in trade tensions between.

Consumer confidence surged in May to a six-month high, spurred by a strong labor market, a new survey showed. higher gas prices and a.

 · Economists say the strong readings on consumer confidence are being bolstered by a healthy job market, with unemployment at a low 4.4% in June.