ft.com - 6/30/2009
—
Confidence among US consumers dropped in June after two months of building optimism, surprising economists and knocking the wind from stock markets. The Confidence Board, an industry group, said its index of consumer confidence dropped to 49.3 this month from a revised 54.8 in May. Economists ...
hf-implode.com - 6/30/2009
—
hf-implode.com —
"Consumer confidence came in much lower than expected
at 49.3 versus expectations of 57. This decline represents...
the schism between the green shoots theorists and the real economy. Consumers simply aren’t recovering as high gas prices persist, wage deflation sets in and job losses mount."
(more)
confidence fail?
marketnewslive.blogspot.com - 7/1/2009
Comments
Blog Reactions
Lex: markets’ first half
FT Alphaville —
The second quarter may well have marked the bottom. But it could also descend into infamy as the most deceptive three months in economic memory. Certainly all the talk of a second Great Depression has vanished. Equity markets are up by between a 10th and a third and data are better across a range of economic indicators. Read the rest of this Lex note. Related links US consumer confidence drops in June - FT.com US incomes surge as stimulus kicks in - FT.com
More grief! Consumer confidence drops in June
BloggingStocks —
... How does the consumer feel about the economy? In a word, lousy. The Conference Board, an industry group, reported that consumer confidence dropped to 49.3 in June, from a reading of 54.8 in May. Economists had expected it to be 55. ...
Related Content
U.S. consumer confidence improves in June
reuters.com 6/10/2009 — NEW YORK (Reuters) - U.S. consumer confidence rose in June, mirroring the strong gains the stock market has made since early March, a survey released on Tuesday said. Investor's Business Daily and TechnoMetrica Market Intelligence said their IBD/TIPP ...
consumer confidence
hf-implode.com 4/28/2009 — "The April Conference Board Consumer Confidence # was a much better than expected 39.2, almost 10 pts better than forecasted and up from a revised 26.9 in March. It’s the highest level since Nov ‘08 and the questionnaire was likely filled out a few weeks ago but definitely
reflects the sense of ...
U.S. Economy: Consumer Confidence Jumps by Most in Six Years
bloomberg.com 5/26/2009 — May 26 (Bloomberg) -- Confidence among U.S. consumers jumped in May by the most in six years, fueling speculation the economy will recover later this year. The Conference Board’s sentiment index surged to 54.9, higher than forecast, according to ...
Consumer Confidence
ritholtz.com 8/25/2009 — August Consumer Confidence from the Conference Board was a better than expected 54.1 vs the consensus of 47.9 and up from 47.4 in July. It’s the highest since May which at the time was the most since Aug ‘08. Almost all of the improvement was in the Expectations component which rose ...
Consumer Confidence: Worst on Record
bespokeinvest.typepad.com 2/25/2009 — Economists were expecting today's report on Consumer Confidence for February to come in at 35, which would have been the lowest level on record. The actual number however, came in much lower at a level of 25. Not only is this the lowest reading on ...
The Role of Consumer Confidence
valueinvestingnews.com 11/22/2008 — As seen from the chart below, consumer confidence is at levels not seen since the early 1990s (source: Briefing.com). The only good news right now in the chart above is that by definition the confidence level cannot go below zero. But is consumer ...
U.S. consumer confidence up for first time since 2007
reuters.com 10/28/2009 — HONG KONG (Reuters) - Global consumer confidence is rebounding, and in the United States has risen for the first time since 2007, amid signs the world economy is picking up although spending is still restrained, a survey showed on Wednesday. ...
Follow WallStreetBlips on Twitter
