News Analysis: Are We in a Recession?
Consumer confidence plunged to two-year lows in August, stoking predictions and outright declarations that the economy has slipped into recession. The latest Consumer Confidence Index reading of 44.5 is lower than the 53.9 average for the 2007-2009 recession.
Conference Board Reports Steep Drop in Consumer Confidence
Rising prices for food, gas suspected as main causes of March confidence decline, which was steeper than economists expected.
Consumer Confidence in May Rose Third Month in a Row
Consumer confidence rose for the third month in a row in May, still showing some weakness, but expectations about future conditions are at their highest levels since before the recession, the Conference Board reported Tuesday, May 25.
Consumers, Investors, and Advisors Show Different Confidence Levels
Confidence reports from The Conference Board, State Street, and Rydex|SGI show feelings are up, down, and in-between.
Consumer Confidence Climbs
Three new studies indicate a resurgent confidence about the economy.
Consumer Confidence Falls Again
After falling in June to 49.3, the widely followed Conference Board Consumer Confidence Index dropped again in July to 46.6.
Consumer Confidence Index retreats in June
After months of strong gains, the Conference Board Consumer Confidence Index waned in June. The Index now stands at 49.3, down from 54.8 in May. The...