Thursday, December 19

Tag: Consumer Sentiment Figures

How Can Spending Be Up When People Feel Down?
27Dec By adminNo Comments
Money

How Can Spending Be Up When People Feel Down?

Dec. 26, 2023 11:00 pm ETAccording to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started to catch on.Invented by the economist Arthur Okun, the Misery Index is the simple summing of the unemployment rate and the inflation rate. It first rose to prominence in the 1976 presidential election, when Jimmy Carter highlighted its high level in his campaign to unseat President Gerald Ford. This came back to bite him: When President Carter was running for re-election against Ronald Reagan in 1980, the index was even higher.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.K. Consumer Confidence Rebounds Ahead of Key Holiday Season
24Nov By adminNo Comments
World

U.K. Consumer Confidence Rebounds Ahead of Key Holiday Season

U.K. consumer confidence recovered in November, according to a survey published Friday, fueling hopes of a rebound in spending as the key festive shopping season draws near.Confidence among British consumers rose six points to a level of minus 24, reversing much of the previous month’s drop, according to an index compiled by consumer-research firm GfK.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Economy Is Great. Why Are Americans in Such a Rotten Mood? 
1Nov By adminNo Comments
World

The Economy Is Great. Why Are Americans in Such a Rotten Mood? 

Last week we learned that the economy, far from sliding toward recession as economists had predicted over the past year, has actually picked up steam thanks to indefatigable consumers. Not only has economic output made up all the ground lost during the pandemic but it is above where it would have been had the pandemic never happened, judging by what the Congressional Budget Office projected in early 2020.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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U.K. Consumer Confidence Sinks in October as Cost-of-Living Pressures Bite
20Oct By adminNo Comments
World

U.K. Consumer Confidence Sinks in October as Cost-of-Living Pressures Bite

Consumer confidence in the U.K. dipped in October as the high cost of living meant respondents shied away from big purchases ahead of the key Christmas season, according to a survey published Friday.Confidence among British consumers dropped nine points on month to minus 30 this month, according to an index compiled by consumer-research firm GfK.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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German Consumer Mood To Weaken
29Aug By adminNo Comments
World

German Consumer Mood To Weaken

German consumer sentiment is forecast to deteriorate in September, with the GfK forward-looking index at a slightly-below consensus minus 25.5, reflecting gloomier income expectations and prospects for the country’s economy.
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