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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: consumer confidence index

consumer confidence index stories: 20 news summaries
ANALYSIS

US GDP Jump Hollow if Unemployment Keeps Rising

... and it's still rising faster than before recession

Oct 29, 09 8:07 PM CDT
(Newser) - News that the US gross domestic product jumped 3.5% in the third quarter cheered investors and others, but the cheers will ring hollow if unemployment keeps rising, John Authers writes. Consumer spending rose even as disposable income fell—“ not a pattern that can be sustained for long, and... More »

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recession • unemployment • consumer spending • economic stimulus package • consumer confidence index • US gross domestic product • financial crisis • Cash for Clunkers • disposable income

MARKETS

 Dow Falls 34 
 Ahead of Jobs Data 

Dow still on track for best quarter in 10 years

Sep 29, 09 3:16 PM CDT
(Newser) - Stocks fell today as traders lost some of yesterday’s confidence ahead of looming job reports. ADP will release its September survey tomorrow, with weekly data due Thursday and the government’s nonfarm payrolls report coming Friday. The Conference Board’s consumer confidence index, which analysts had been expecting to... More »

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Dow Jones • consumer confidence • employment • unemployment • Nasdaq • Conference Board • S&P 500 • consumer confidence index

 Dow Drops 36 
 as Consumer Data Saps Stocks 

Intel, Dell see gains

Aug 28, 09 3:28 PM CDT
(Newser) - Stocks mostly fell today despite good news from the tech sector, the Wall Street Journal reports. The Reuters/University of Michigan index of consumer confidence fell in August, dragging the markets down. Intel rose 4.32% after raising its third-quarter profit forecast, while Dell gained 1.89% on second-quarter earnings that... More »

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Dell • Intel • Dow Jones • consumer confidence • Nasdaq • S&P 500 • consumer confidence index

MARKETS

 Dow Up 30 After Rosy Data 


Aug 25, 09 3:21 PM CDT
(Newser) - Stocks closed with modest advances on strong economic data and a drop in oil prices, the Wall Street Journal reports. Advances in second-quarter home prices and a boost in July consumer confidence propelled stock indices to new 2009 highs shortly after the open, but oil’s $2.32 drop moderated... More »

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Dow Jones • consumer confidence • Nasdaq • home prices • S&P 500 • consumer confidence index • oil prices

MARKETS

 Confidence Sags; Dow Off 82 

But all indices see gains in second quarter

Jun 30, 09 3:23 PM CDT
(Newser) - Stocks fell today on an unexpected decline in consumer confidence, the Wall Street Journal reports, after investors held steady at the open despite data that delinquencies on prime mortgages had increased. The consumer-confidence drop came after two months of positive readings. The Dow closed down 82.38 at 8,447.... More »

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Dow Jones • consumer confidence • Nasdaq • S&P 500 • consumer confidence index • mortgage delinquency

MARKETS

 Financials Sink; Dow Off 8 

Rising consumer confidence gives stocks a boost

Apr 28, 09 3:24 PM CDT
(Newser) - The markets ended flat after mixed economic signals today, the Wall Street Journal reports. Stress-test troubles for Bank of America and Citigroup depressed financials, but news that consumer confidence rose in April—to 39.2, from 26.9 in March—gave stocks a boost.  The Dow fell 8.05... More »

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Citigroup • Bank of America • Dow Jones • Nasdaq • S&P 500 • consumer confidence index

Consumer Confidence
Hits New Low

Index plummets to 25, compared to 76.4 a year ago

Feb 24, 09 10:16 AM CST
(AP) - Americans' already-battered confidence in the economy went into freefall this month, reaching new lows as consumers grow more fearful over huge job cuts and shrinking retirement accounts. New York's Conference Board said its Consumer Confidence Index, which was down slightly in January, plummeted more than 12 points in February to... More »

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consumer confidence • retirement fund • job cuts • consumer confidence index • economy

Consumer Confidence Finds a New Low in January

Conference Board's index at half its year-ago value

Jan 27, 09 10:43 AM CST
(AP) - Americans' mood about the economy darkened even more in January, sending a widely watched barometer of consumer sentiment to yet another new low as people worry about their jobs and watch their retirement funds dwindle. The Conference Board said its Consumer Confidence Index edged down to 37.7 from a... More »

MORE ABOUT:
United States • consumer confidence • recession • Conference Board • consumer confidence index • economy • credit market chaos • financial crisis

MARKETS

 Dow Rises 184 on GMAC News 

Dow rises 184 despite drops in home prices, consumer confidence

Dec 30, 08 3:32 PM CST
(Newser) - Stocks rose today as investors were encouraged by the extension of at least $5 billion in bailout money to the financing division of General Motors, MarketWatch reports. GMAC said the aid would allow it to offer loans to more US consumers seeking to buy vehicles. The Dow gained 184.46... More »

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Dow Jones • General Motors • consumer confidence • Nasdaq • home prices • S&P 500 • consumer confidence index • GMAC

 Consumer Confidence 
 Hits All-Time Low 

Signs point to drop in consumer spending, deepening downturn

Oct 28, 08 10:07 AM CDT
(Newser) - Consumer confidence hit a record low in October, Bloomberg reports, raising the specter that spending will slow significantly. The Conference Board’s index dove to 38, the lowest reading since the metric’s inception in 1967, and far worse than analysts expected. With the stock markets volatile, home equity deteriorating,... More »

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economic indicators • consumer confidence • consumer confidence index • financial crisis

Home Prices Fall Again;
Rate of Decline Sets Record

Consumer confidence numbers offer ray of hope

Jul 29, 08 11:01 AM CDT
(Newser) - Home prices continued to nosedive in May, a signal that the housing crisis may be worsening and a red flag for the credit markets and Wall Street, reports the New York Times. Every region covered by the S&P/Case-Schiller home-price index showed a drop compared to May 2007, with... More »

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housing market • consumer confidence • recession • credit crisis • home prices • Case Shiller price index • housing crisis • subprime crisis • consumer confidence index • home values

MARKETS

 Oil Surges; 
 Markets Record 
 Weekly Gains 

Consumer confidence hits 28-year low

May 16, 08 3:27 PM CDT
(Newser) - Stocks fell, then climbed back almost to opening levels today to wrap up a generally strong week. Yet another record oil price—almost $128 a barrel—drove early losses, and a report of the lowest consumer-confidence rating in 28 years did not help. The Dow closed down 5.86 at... More »

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oil • housing market • Dow Jones • consumer confidence • Nasdaq • oil price • S&P 500 • consumer confidence index

Staring at US Recession, Lasik Eye Surgery Blinks

As with last downturn, fewer people springing for corrective procedure

Apr 24, 08 11:31 AM CDT
(Newser) - Corrective laser eye surgeries have declined sharply in the past year, a fall-off attributed to the economic slump—and expected to deepen as the recession continues, the New York Times reports. “We’re forecasting a 17% drop for 2008,” said one market researcher, who expects first-quarter data to... More »

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recession • breast implants • Botox • Lasik eye surgery • consumer confidence index

Consumer Confidence Hits 26-Year Low

Index drops far below expectations on job, economy fears

Apr 11, 08 11:10 AM CDT
(Newser) - Consumer confidence hasn’t been this low since 1982, according to the Reuters/University of Michigan index, which reported a slide to 63.2 from March’s 69.5. That was lower than even the lowest estimates in a Bloomberg analyst poll. “The consumer’s feeling increasingly hemmed in,”... More »

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economic indicators • consumer confidence • recession • job cuts • consumer confidence index • economy

Consumer Sentiment Nosedives

Economic reports continue to fan recession fears

Feb 15, 08 11:10 AM CST
(Newser) - The last time consumers were this pessimistic, the country was in the midst of recession. The consumer confidence index is at a level not seen since February 1992, according to Reuters/University of Michigan numbers out today, and "has only been this low during the recessions of the mid 1970s,... More »

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New York • Federal Reserve • consumer confidence • recession • manufacturing • consumer confidence index

Consumer, Housing Numbers Slump

News isn't all gloomy: Demand for durable goods surges

Jan 29, 08 11:14 AM CST
(Newser) - Consumer confidence fell a bit less than expected but still approached a 2-year nadir in January, reinforcing fears that Americans will put the brakes on personal spending. In other economic reports out today, the S&P/Case-Shiller housing-price index report showed a 7.7% year-over-year drop for November, Bloomberg reports, and... More »

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Consumer Price Index • consumer confidence • recession • home prices • Case Shiller price index • housing crisis • consumer confidence index

Stocks Plunge to End Off Week

Big consumer price inflation builds concern rate cuts are over

Dec 14, 07 3:51 PM CST
(Newser) - The Dow dived 178.11 points today to 13,339.85 after a 0.8% spike in the consumer price index, the biggest since September 2005, sparked concern that the era of rate cuts might be over. Inflation was “the 800-pound gorilla in the room,” one strategist told... More »

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inflation • Citigroup • Dow Jones • Nasdaq • US dollar • S&P 500 • consumer confidence index

Consumer Confidence Plummets

Job concerns push index to post-Katrina low

Nov 27, 07 11:27 AM CST
(Newser) - Consumers were a gloomy group in November, when housing and job woes drove the consumer confidence index down to a level not seen since October 2005, when Hurricane Katrina’s aftermath loomed large. “This is a strong indication that consumer spending growth is going to slow sharply,” one... More »

MORE ABOUT:
consumer confidence • unemployment • Conference Board • consumer confidence index

Consumer Confidence Plummets

Wall Street woes
might be spreading
to Main Street

Aug 17, 07 5:37 PM CDT
(Newser) - Consumer confidence dropped dramatically in August, according to the latest index released by Reuters and the University of Michigan. The metric places consumer sentiment at 83.3, the lowest reading of the year, and well below the predicted 88.0. It may be a sign that chaos on Wall Street... More »

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Wall Street • Federal Reserve • consumer confidence • consumer spending • interest rate • consumer confidence index

Consumer Confidence Rises

Shoppers buying again after June slump

Jul 31, 07 4:18 PM CDT
(Newser) - Consumer spending rose more than expected this month, to its highest level in 6 years, after shoppers tightened their belts in June, Bloomberg reports. Consumer confidence jumped 7.3 points according to a Conference Board index, suggesting the slump was temporary. Economists chalk up the spending jump to low unemployment... More »

MORE ABOUT:
inflation • real estate • consumer • housing market • income • unemployment • consumer confidence index

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