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The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 106.7 from a revised 110.9 in January. A reading under 80 often signals an upcoming recession.
The index registered a reading of 106.7 in February, down from a revised level of 110.9 in January. January's preliminary reading came in at 114, a two-year high for the measure.
Americans’ attitudes toward the economy soured in February after a three-month streak of improving moods, according to The Conference Board’s latest consumer survey released Tuesday.
A consumer confidence index (CCI) is an economic indicator published by various organizations in several countries. In simple terms, increased consumer confidence indicates economic growth in which consumers are spending money, indicating higher consumption. Decreasing consumer confidence implies slowing economic growth, and so consumers are ...
Americans are heading into 2024 more optimistic about the health of the economy than they have been in months. The Conference Board reported Wednesday that its Consumer Confidence Index, a measure ...
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future. The Conference Board, a business research group ...
The University of Michigan's benchmark Consumer Sentiment Index rose to a final reading for the month of 79.4, the highest since July 2021, from February's 76.9. Consumer assessments of both ...
GfK’s long-running consumer confidence index rose by a significant seven points in February but remains at a “severely depressed” negative 38.