The numbers: A survey of consumer sentiment rose to 64.6 in January and hit a nine-month high, reflecting easing worries about inflation and Americans’ greater confidence in their own finances. Read more
Tag: Sentiment
Consumer sentiment creeps up at year end as worries about inflation ease
The numbers: A survey of consumer sentiment rose to 59.7 in December, buoyed by falling gas prices and a rebound in stocks earlier in the month. Yet Americans are generally Read more
U.S. stocks log biggest jump in almost 2 weeks on strong earnings, consumer sentiment
U.S. stocks cemented their biggest daily advance in almost two weeks on Wednesday as investors reacted to optimistic earnings from Nike Inc. and FedEx Corp., along with a surprisingly strong Read more
Builder sentiment fell every single month in 2022. Builders say there’s a silver lining.
The numbers: The National Association of Home Builders’ monthly confidence index fell two points to 31 in December, the trade group said on Monday. It’s the 12th month in a Read more
U.S. consumer sentiment improves in December as inflation worries ease
The numbers: The University of Michigan’s gauge of consumer sentiment rose to a preliminary December reading of 59.1 from a November reading of 56.8. Economists polled by the Wall Street Read more
This little-known but spot-on economic indicator says recession and lower stock prices are all but certain
An obscure and arcane economic indicator suggests that Federal Reserve Chairman Jerome Powell was wrong when he said at his Nov. 30 news conference that “There is a path to Read more
German business sentiment improves in November
Business confidence in Germany increased in November, beating expectations, as companies foresee a less severe recession than previously expected. The Ifo business-climate index rose to 86.3 points in November from Read more
Home builder sentiment continues to sour in November
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 5 points to 33 in November, the trade group said on Wednesday. It’s the record eleventh month Read more
Consumer sentiment hits lowest level since June as fear of recession looms
The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans contended with continued inflation and a worsening economic outlook. The University of Michigan’s gauge of Read more
Consumer sentiment hits lowest level since June as fear of recession looms
The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans contended with continued inflation and a worsening economic outlook. The University of Michigan’s gauge of Read more