The Conference Board’s Consumer Confidence Index looks to make a rebound this month on the wings of signs that the turmoil that roiled Japan, the Middle East and North Africa in March is finally beginning to calm. The Index, which fell 8.6 percentage points to 63.4 in March, after having […]
Author: Jermaine Taylor
Consumer Confidence in March Shaken By Inflation Fears
U.S. consumer confidence was dealt a gut-wrenching blow in March, falling to 63.4 from a three-year high of 70.4 in February, the biggest one month decline in over a year. While U.S. consumers may have been able to shrug off a trifecta of disasters in Japan, a viral series of […]
Increased Consumer Confidence Could Spell Signs of Recovery
Consumer confidence climbed to its highest level since the early days of the recession in February, outpacing many analysts’ expectations. According to the Conference Board, those saying business conditions were good rose to 12.4 in February from 11.3 in January. Also, those who felt that jobs were “plentiful” nudged up […]