American consumer sentiment reversed course last week after climbing to the highest level since April 2015, weighed down by less favorable views of the economy, the buying climate and household finances, the weekly Bloomberg News Consumer Comfort Index showed Sept. 1.
September 1, 2016consumer News Updates
Consumer Spending Advances for Fourth Consecutive Month
Consumer spending advanced for a fourth straight month in July, bolstered by stronger income gains, sending the biggest part of the U.S. economy to a solid third-quarter start, Commerce Department figures showed Aug. 29 in Washington.
August 29, 2016Consumer Comfort Jumps to Highest Level Since April 2015
American consumers grew more upbeat last week than at any other time since April 2015, signaling robust spending will continue amid favorable views of the buying climate and household finances, the weekly Bloomberg Consumer Comfort Index showed Aug. 25.
August 25, 2016Consumer Prices Unchanged in July as Fuel Costs Ease
The U.S. cost of living was little changed in July, a sign subdued inflationary pressures will give Federal Reserve policymakers reason to keep interest rates low.
August 16, 2016Consumer Sentiment Increases by Less Than Forecast
Consumer confidence in the United States rose less than forecast in August, reflecting a pullback in views on personal finances among younger Americans.
August 12, 2016Consumer Spending Rose 0.4% for a Second Month in June
Consumer purchases climbed a bit more than anticipated in June, exceeding a gain in incomes that prompted American households to tap into savings.
August 2, 2016Consumer Sentiment Falls on Dimmer View of Economy
Consumer confidence slid in July from the prior month on dimmer views of the U.S. economy’s prospects and lingering concerns among higher-income earners about global market conditions.
July 29, 2016Consumer Comfort Lowest Since Mid-June
Consumer confidence the week ended July 24 held at the lowest level since mid-June with little change in Americans’ attitudes about the economy, personal finances and the buying climate, according to the weekly Bloomberg Consumer Comfort Index released July 28.
July 28, 2016Consumer Prices Increased in June as Fuel, Rents Climbed
The cost of living in the U.S. rose in June, propelled by a rebound in fuel prices and sustained gains in rents that are driving inflation closer to the Federal Reserve’s goal.
July 15, 2016Consumer Comfort Rises to Highest Level Since October
Consumer confidence climbed last week to the highest level since October on more optimism about household finances, as steady job gains, low borrowing costs and a rally in financial markets overshadowed the uncertainty caused by Britain’s vote to leave the European Union.
July 14, 2016Trending
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