tldrdaily.news logo
Tag

Business Conditions

All articles tagged with #business conditions

economy2 years ago

"US Consumer Confidence Rebounds in November, Boosting Holiday Shopping Season"

US consumer confidence increased in November, bouncing back after three consecutive monthly declines. The Present Situation Index, based on consumers' assessment of current business and labor market conditions, remained largely unchanged, while the Expectations Index, based on consumers' short-term outlook for income, business, and labor market conditions, rose. However, the Expectations Index remains below a level historically associated with a recession. Consumers' concerns about rising prices, war/conflicts, and higher interest rates persist, but assessments of current family financial conditions improved. Overall, consumer expectations for future business conditions, job availability, and incomes improved, while buying plans for autos, homes, and big-ticket appliances trended downward.

via PR Newswire|
#business-conditions#consumer-confidence#economy
economy2 years ago

Texas Manufacturing Outlook Survey Shows Decline in October

Texas manufacturing activity showed continued growth in October, with the production index posting a second positive reading after four months in negative territory. However, other measures such as new orders remained negative, and perceptions of broader business conditions worsened. Labor market measures indicated slower employment growth and shorter workweeks. Input costs and selling prices retreated, with raw materials prices dropping significantly. Expectations for future manufacturing activity were mixed.

via Federal Reserve Bank of Dallas|
#business-conditions#economy#employment
economy2 years ago

July Sees Continued Rise in US Consumer Confidence

US consumer confidence improved in July, reaching its highest level since July 2021. The Present Situation Index, based on consumers' assessment of current business and labor market conditions, improved, reflecting positive views on employment conditions. The Expectations Index, based on consumers' short-term outlook for income, business, and labor market conditions, also improved, indicating greater confidence in future business conditions and job availability. Despite rising interest rates, consumers remain upbeat, likely due to lower inflation and a tight labor market. However, there are still concerns about a potential recession before the end of the year.

via PR Newswire|
#business-conditions#consumer-confidence#economy
economy2 years ago

May sees decline in US and Eurozone consumer confidence.

US consumer confidence declined for the fourth time in five months in May, with Americans becoming more pessimistic about the labor market and anxious about inflation. The present situation index, which measures consumers' assessment of current business and labor market conditions, also fell. The expectations index, a measure of consumers' six-month outlook for income, business, and labor conditions, inched down. A reading under 80 often signals a recession in the coming year, and the reading has come in below 80 every month but one since February 2022.

via AOL|
#business-conditions#consumer-confidence#economic-outlook
economy2 years ago

US Consumer Confidence Continues to Decline Amid Job Market Concerns.

The Conference Board Consumer Confidence Index fell to 101.3 in April from 104.0 in March, with the Expectations Index falling to 68.1 from 74.0. Consumer inflation expectations over the next 12 months remain unchanged from March at 6.2 percent. Purchasing plans for homes, autos, appliances, and vacations all pulled back in April, indicating consumers may be economizing amid growing pessimism. Consumers' assessment of current business conditions improved somewhat in April, while their expectations fell and remain below the level which often signals a recession looming in the short-term.

via PR Newswire|
#business-conditions#consumer-confidence#economy
economy2 years ago

US Consumer Confidence Shows Modest Increase in March

The Conference Board Consumer Confidence Index® increased slightly in March to 104.2, up from 103.4 in February, driven by an uptick in expectations, but remains below the average level seen in 2022. Consumers' assessment of current business and labor market conditions worsened in March, while their short-term outlook for income, business, and labor market conditions ticked up slightly. The survey also revealed that consumers plan to spend less on highly discretionary categories such as playing the lottery, visiting amusement parks, going to the movies, personal lodging, and dining, but will spend more on less discretionary categories such as health care, home or auto maintenance and repair, and economical entertainment options such as streaming. The latest results also reveal that their expectations of inflation over the next 12 months remains elevated—at 6.3 percent.

via PR Newswire|
#business-conditions#consumer-confidence#economy