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Consumer Confidence

All articles tagged with #consumer confidence

economy12 hours ago•1 min saved

US consumer confidence eases in August as gas prices exceed $4 a gallon

The Conference Board’s August consumer confidence index slipped to 89.4 from 90.2 as gas prices stay above $4 per gallon. Sentiment improved regarding the current labor market (27% say plentiful vs 24.4% in July) but weakened on the six‑month outlook (14.6% expect more jobs, down from 16.4%). July payrolls fell 23,000 and the unemployment rate held at 4.1% as a shrinking labor force kept the jobless rate down. Inflation, via the Fed’s preferred PCE index, remained elevated at 3.7% y/y in June, signaling continued price pressures alongside geopolitical concerns.

via The Guardian|

#consumer-confidence #economy #gas-prices

economy16 hours ago•23 min saved

Gas prices above $4 push US consumer confidence to seven-month low

US consumer confidence fell to its lowest level in seven months as gasoline prices stay above $4 a gallon, weighing on shoppers and signaling continued caution in spending despite the broader economy's resilience.

via AP News|

#consumer-confidence #economy #gas-prices

business8 days ago•124 min saved

Markets wobble as retailers brace for earnings and consumer mood

Global shares were mixed ahead of a retailer‑heavy week, as investors await earnings from major chains and data on the consumer mood amid inflation and rate expectations, watching how Walmart, Lowe’s and other retailers guide expectations for demand and profits.

via AP News|

#business #consumer-confidence #earnings-season

business28 days ago•123 min saved

Gas-price uptick from Iran tensions weighs on Americans’ economic outlook

Americans’ confidence in the U.S. economy fell as the Iran conflict pushed gas prices higher, signaling rising inflation worries and added pressure on household budgets.

via AP News|

#business #consumer-confidence #economy

business28 days ago•3 min saved

Gas-price rebound dents American confidence as Iran tensions flare

The Conference Board's July consumer-confidence index fell to 90.8 from 92.2, with gas prices rising again toward about $4.10 a gallon as U.S.-Iran hostilities intensify. Inflation remains elevated and real incomes have declined; job growth slowed (57,000 new jobs) and the unemployment rate fell to 4.2% largely because fewer people are actively seeking work. The results signal persistent American caution about the economy heading into the midterms amid ongoing energy-price volatility tied to the Strait of Hormuz disruption.

via ABC News - Breaking News, Latest News and Videos|

#business #consumer-confidence #economy

economy1 month ago•5 min saved

Jobs stay firm while consumer confidence sinks in Trump-era economy

June payrolls rose by 57,000 with the unemployment rate easing to 4.2% and a surge in job openings, signaling a still-robust labor market even as hiring momentum slows. But consumer confidence remains weak, with wages lagging inflation and inflation-driven concerns cutting into real earnings, complicating the political narrative around Trump’s economic plan and potentially influencing Fed policy.

via Politico|

#consumer-confidence #economy #labor-market

business1 month ago•4 min saved

Gold jumps to session high near $4,048/oz after June consumer confidence

Gold rose to a session high near $4,048/oz after the U.S. Conference Board’s June Consumer Confidence Index came in at 91.2 (below expectations but above May), with a weaker Present Situation but firmer expectations, aided by easing inflation fears from lower oil prices.

via KITCO|

#business #conference-board #consumer-confidence

economy3 months ago•13 min saved

Gas price surge and inflation pinch American shoppers

Gas around $4.50 per gallon and ongoing inflation are denting U.S. consumer confidence and squeezing household budgets.

via AP News|

#consumer-confidence #cost-of-living #economy

business3 months ago•2 min saved

European Shares Rally as Oil Rises and Mixed Data Signal Cautious Optimism

European stocks rose with the Stoxx 600 up about 0.6% as investors weighed higher oil prices amid a renewed US-Iran focus against mixed UK and European data, including Puig tumbling after a deal with Estée Lauder ended while Estée Lauder rose. UK April retail sales fell 1.3%, oil climbed to around $103–104 a barrel, and Germany’s consumer confidence and France’s manufacturing climate improved. UK borrowing topped forecasts and gilt yields slipped slightly, while Wall Street futures pointed higher.

via CNBC|

#business #consumer-confidence #european-stocks

market-news3 months ago•15 min saved

Whirlpool Slides as Inflation Fears Signal Recession-Level Demand Drop

Whirlpool (WHR) plunged after warning that higher costs tied to the war in Iran will squeeze demand, with CFO Roxanne Warner calling it a ‘recession-level industry decline’ as consumer confidence wanes. The company posted -$0.56 in adjusted EPS on $3.27 billion in revenue, missing estimates, and signaled roughly a 4% price increase in July. The stock fell about 13% on the day, joining a year-to-date and 12-month slide, while analysts’ consensus rating stays at Hold with a target near $54.

via TipRanks|

#consumer-confidence #earnings #inflation

business3 months ago•2 min saved

Whirlpool warns Iran war triggers recession-level slump in U.S. appliance demand

Whirlpool warned that the Iran conflict has caused a recession-level decline in U.S. appliance demand, sending shares down about 12% as it slashed full-year guidance and suspended the dividend while citing higher raw-material costs, tariffs, and weaker big-ticket spending; analysts note a broader strain on big-ticket purchases despite strength in travel and services.

via CNBC|

#business #consumer-confidence #dividend-suspension

economy3 months ago•3 min saved

Consumer Confidence Edges Up in April as Outlook Improves

The Conference Board’s Consumer Confidence Index rose 0.6 points to 92.8 in April, with the Present Situation index slipping to 123.8 while the Expectations index climbed to 72.2; the survey spanned April 1–22.

via Forex Factory|

#april-data #conference-board #consumer-confidence

economy4 months ago•1 min saved

US homebuyers frozen as mortgage rates rise amid Middle East tensions

March existing-home sales fell to 3.98 million (down 3.6% MoM), the weakest since June, as average 30-year mortgage rates rose to about 6.37% amid Middle East tensions, leaving buyers feeling “frozen” and clouding hopes for a 2026 housing recovery as investors expect the Fed to keep rates elevated to curb inflation.

via BBC|

#consumer-confidence #economy #fed-policy

business4 months ago•6 min saved

March Uptick in US Consumer Confidence Signals Mixed Economic View

The Conference Board reports US Consumer Confidence rose to 91.8 in March 2026, up 0.8 points from February, while the Present Situation Index jumped to 123.3 and the Expectations Index slipped to 70.9; the March survey (March 1–24) points to mixed sentiment as higher costs from tariffs and oil prices weigh on the outlook.

via Forex Factory|

#business #conference-board #consumer-confidence

economy5 months ago•72 min saved

Affluent gloom widens as gas prices and markets slump

Even high-net-worth Americans are growing more pessimistic about the economy as rising gasoline costs and falling stock prices erode perceived wealth, likely dimming spending and signaling slower growth ahead.

via Yahoo Finance UK|

#consumer-confidence #economy #gas-prices