[Tree] Business confidence in Butte County amid economic uncertainty

Version 1.83 (2024-09-29 11:36:40.126000)

updates: Local business confidence shows slight decline; election concerns rise.

Version 1.82 (2024-09-19 17:40:52.646000)

updates: Increased equipment leasing confidence reported; economic outlook mixed.

Version 1.81 (2024-09-15 16:37:59.154000)

updates: Consumer sentiment rises; import prices drop.

Version 1.8 (2024-09-13 16:33:03.535000)

updates: Consumer sentiment improves; economic concerns persist.

Version 1.79 (2024-09-13 02:38:31.763000)

updates: Incorporated Australian economic sentiment data

Version 1.78 (2024-09-12 12:33:56.928000)

updates: Added insights from RSM US Middle Market Business Index

Version 1.77 (2024-09-10 15:37:04.115000)

updates: Increased optimism among business owners reported.

Version 1.76 (2024-09-10 14:38:16.343000)

updates: Small business sentiment declines amid rising uncertainty.

Version 1.75 (2024-09-06 05:32:39.464000)

updates: Added insights on Biden's economic policies and public sentiment.

Version 1.74 (2024-09-04 18:32:36.723000)

updates: Business owner optimism rises amid economic concerns

Version 1.73 (2024-09-04 13:45:53.115000)

updates: Incorporated business owners' optimism survey results

Version 1.72 (2024-08-26 19:41:44.346000)

updates: Added Michigan voter sentiment data regarding Trump and Biden

Version 1.71 (2024-08-18 11:34:47.916000)

updates: Modest uptick in consumer sentiment reported

Version 1.7 (2024-08-17 08:08:56.219000)

updates: Consumer sentiment in the US declines in August

Version 1.69 (2024-08-17 06:00:54.907000)

updates: Consumer sentiment in the US rises slightly on Democratic optimism over Harris' presidential prospects

Version 1.68 (2024-08-17 00:02:26.087000)

updates: The increase in sentiment is attributed to the positive outlook on Harris' potential presidential candidacy

Version 1.67 (2024-08-16 23:04:55.684000)

updates: Consumer sentiment in the United States rose slightly on Democratic optimism over Kamala Harris' presidential prospects. The University of Michigan's consumer sentiment index increased from 66.4 in July to 67.8 in August. Democrats and political independents showed increased sentiment, while sentiment among Republicans fell. According to the survey, 41% of consumers considered Harris the better candidate for the economy, compared to 38% who chose Republican nominee Donald Trump. The Michigan index has rebounded from a low of 50 in June 2022 but remains below healthy levels. The Federal Reserve is expected to begin cutting rates at its next meeting in September.

Version 1.66 (2024-08-16 17:09:34.098000)

updates: US consumer sentiment rose in early August for the first time in five months on more optimistic expectations about their finances as inflation steadied.

Version 1.65 (2024-08-16 16:04:57.827000)

updates: Updated consumer sentiment data and added information on Poland's economy

Version 1.64 (2024-08-16 16:01:48.786000)

updates: Consumer sentiment rises slightly on Democratic optimism over Harris' presidential prospects

Version 1.63 (2024-08-16 15:02:30.180000)

updates: US consumer sentiment rises slightly on Democratic optimism over Harris' presidential prospects

Version 1.62 (2024-08-01 16:02:04.708000)

updates: Improved consumer sentiment in the US, mixed sentiment in Poland

Version 1.61 (2024-07-31 15:03:17.795000)

updates: Updates on US consumer confidence and Polish economy

Version 1.6 (2024-07-31 10:02:33.628000)

updates: Consumer confidence in the US improves in July

Version 1.59 (2024-07-31 05:59:37.590000)

updates: Consumer confidence in the US improved in July

Version 1.58 (2024-07-30 22:07:28.823000)

updates: Consumer confidence in the US edges up in July

Version 1.57 (2024-07-30 20:04:22.544000)

updates: Consumer confidence in the US improves in July

Version 1.56 (2024-07-30 17:02:33.804000)

updates: Consumer confidence in the US increased in July

Version 1.55 (2024-07-30 16:04:55.288000)

updates: US consumer confidence rose in July

Version 1.54 (2024-07-29 21:58:57.707000)

updates: Mixed sentiment on US economy, slight improvement in consumer confidence, negative views on Polish economy

Version 1.53 (2024-07-24 21:17:31.033000)

updates: Includes sentiment on the Polish economy

Version 1.52 (2024-07-22 20:03:28.160000)

updates: New information about voters' perception of the US economy

Version 1.51 (2024-07-20 10:59:40.943000)

updates: Economic sentiment rebounds in July, according to RealClearMarkets/TIPP [7c6130f5]

Version 1.5 (2024-07-19 21:05:28.473000)

updates: Consumer confidence increased slightly in July [d04f2ba2]

Version 1.49 (2024-07-17 14:56:24.571000)

updates: Integration of new information about the decrease in economic sentiment

Version 1.48 (2024-07-13 06:55:32.945000)

updates: New information on consumer sentiment decline and inflation expectations

Version 1.47 (2024-07-12 15:55:41.426000)

updates: Consumer sentiment unexpectedly declines to eight-month low on high prices

Version 1.46 (2024-07-03 13:53:51.073000)

updates: Consumer sentiment shows signs of improvement in July

Version 1.45 (2024-06-29 17:58:36.218000)

updates: Updated information on consumer confidence decline and inflation expectations

Version 1.44 (2024-06-28 14:55:05.168000)

updates: New information on US consumers lowering inflation expectations in June

Version 1.43 (2024-06-28 11:56:04.457000)

updates: Updates on Gallup's Economic Confidence Index and American perception of the economy

Version 1.42 (2024-06-28 08:57:07.694000)

updates: Gallup's Economic Confidence Index remains stable and low

Version 1.41 (2024-06-26 06:53:31.131000)

updates: Updated information on consumer confidence index and consumer behavior

Version 1.4 (2024-06-26 02:55:05.604000)

updates: Updated information on consumer confidence and economic expectations

Version 1.39 (2024-06-25 22:54:11.173000)

updates: Consumer confidence declined in June, reflecting concerns about the economy and inflation

Version 1.38 (2024-06-25 22:53:50.740000)

updates: Updated information on consumer sentiment and economic outlook in the US

Version 1.37 (2024-06-25 20:55:34.910000)

updates: Consumer sentiment index from the University of Michigan dropped to 65.6 in June. The Conference Board's consumer confidence index also declined to 100.4 in June. Concerns about high prices and weakening incomes drove the decline in consumer sentiment. Despite the drop in consumer confidence, the labor market remains healthy, with a strong job gain of 272,000 jobs added in May. There are signs of weakening in the labor market, such as the lowest level of job postings since 2021 and a rise in the number of Americans receiving unemployment benefits for seven straight weeks. The U.S. economy slowed sharply in the first quarter to a 1.3% annual pace. Consumer expectations of a recession in the next year pulled back in June after rising the previous two months. The decline in consumer confidence is impacting President Joe Biden's reelection bid. Inflation cooled substantially in May, with the cost of gasoline, new cars, and car insurance falling. Despite the decline in consumer confidence, the U.S. economy is still in good shape by historical standards. The unemployment rate ticked up to 4% in May, but employers added a strong 272,000 jobs. Consumer spending in May inched up just 0.1% from April due to high prices and interest rates. Some big retailers are offering discounts this summer to encourage spending. Labor-market resilience is driving consumer spending, underpinning the economy despite the Federal Reserve’s hefty interest-rate hikes in 2022 and 2023 to quell inflation. The mixed survey from the Conference Board showed consumers' perceived likelihood of a recession over the next 12 months retreated in June after rising in April and May. Fewer consumers planned to buy vehicles and household appliances over the next six months, but more planned to go on vacation. Confidence improved among consumers under 35 and those 55 years and older. The survey's labor-market differential widened to 24 from 22.7 in May. Consumers' 12-month inflation expectations fell to 5.3% from 5.4% in May. The share of consumers planning to buy vehicles over the next six months fell as did that of those intending to purchase big-ticket items, mostly clothes dryers and TVs. Purchasing plans for washing machines rose and were unchanged for refrigerators. More consumers planned to go on vacation compared to April, with most eying domestic destinations and intending to fly rather than drive. While a weakening in confidence does not bode well for consumption going forward, sentiment has been depressed for some time even as households have continued to spend.

Version 1.36 (2024-06-25 19:55:17.228000)

updates: Updated information on consumer sentiment and confidence in the US

Version 1.35 (2024-06-25 18:53:32.437000)

updates: Consumer confidence index from The Conference Board reported

Version 1.34 (2024-06-25 17:54:06.765000)

updates: Updated information on consumer confidence and economic outlook

Version 1.33 (2024-06-25 16:54:51.418000)

updates: Consumer confidence index from The Conference Board

Version 1.32 (2024-06-25 16:53:44.570000)

updates: Updated information on consumer confidence and sentiment in June

Version 1.31 (2024-06-25 15:55:18.913000)

updates: Consumer sentiment index from The Conference Board

Version 1.3 (2024-06-25 15:53:56.008000)

updates: New information on consumer confidence index from The Conference Board

Version 1.29 (2024-06-25 14:56:23.455000)

updates: New information on consumer confidence index and consumer behavior

Version 1.28 (2024-06-25 14:55:26.557000)

updates: New information about the decline in consumer confidence in June and the Conference Board's consumer confidence index

Version 1.27 (2024-06-25 14:54:44.605000)

updates: Updated information on consumer confidence index in June

Version 1.26 (2024-06-19 14:53:21.822000)

updates: Consumer sentiment declined further, new economic sentiment index shows slight improvement

Version 1.25 (2024-06-18 20:53:34.941000)

updates: New information on factors affecting consumer sentiment and the disconnect between positive economic indicators and economic pessimism

Version 1.24 (2024-06-15 05:52:59.012000)

updates: Consumer sentiment declines further, impact on Biden's reelection bid

Version 1.23 (2024-06-14 18:56:52.919000)

updates: Consumer sentiment falls to 7-month low

Version 1.22 (2024-06-14 18:55:51.408000)

updates: Consumer sentiment index drops to 65.6 in June, below expectations. Sour sentiment affecting Biden's reelection bid. Inflation cooled in May.

Version 1.21 (2024-06-14 17:56:30.852000)

updates: Consumer sentiment index drops to 65.6 in June, lower than expected [ae70aaaa]

Version 1.2 (2024-06-14 16:59:05.983000)

updates: Consumer sentiment falls for third consecutive month, concerns over persistent inflation

Version 1.19 (2024-06-14 15:53:38.845000)

updates: Consumer sentiment hits lowest level in 7 months

Version 1.18 (2024-06-14 15:53:22.702000)

updates: Consumer sentiment fell for the third straight month

Version 1.17 (2024-06-14 14:58:27.522000)

updates: Inclusion of specific data from the University of Michigan Consumer Sentiment Index [a47a1666]

Version 1.16 (2024-06-14 14:56:23.805000)

updates: Consumer sentiment falls for third consecutive month on concerns about persistent inflation

Version 1.15 (2024-06-14 14:55:29.321000)

updates: Updated information on US consumer sentiment in June

Version 1.14 (2024-06-14 14:54:19.014000)

updates: Consumer confidence drops as inflation expectations stabilize

Version 1.13 (2024-06-11 11:58:20.197000)

updates: Added information about US consumers' sentiment on finances, stock market, and declining inflation [401f4289]

Version 1.12 (2024-06-11 03:57:47.735000)

updates: Includes survey data from the Federal Reserve Bank of New York on US consumer sentiment about finances, stock market, and inflation

Version 1.11 (2024-06-10 15:53:09.176000)

updates: Updated information on consumer inflation expectations

Version 1.1 (2024-06-03 04:53:57.894000)

updates: Consumer confidence improves, concerns about recession persist, misconceptions about the economy, concerns about inflation persist

Version 1.09 (2024-06-02 06:52:46.189000)

updates: Consumer sentiment declines, job openings decrease, inflation moderates

Version 1.08 (2024-06-01 12:55:13.832000)

updates: Consumer pessimism despite strong economic indicators

Version 1.07 (2024-05-30 03:53:17.644000)

updates: Consumer confidence improved in May, driven by optimism about the labor market. Concerns about recession and inflation persist. Misconceptions about the economy among Americans. Consumers' plans to purchase a home dropped. The University of Michigan's consumer sentiment index reached a six-month low in May.

Version 1.07 (2024-05-30 03:53:17.644000)

updates: Consumer confidence improved in May, driven by optimism about the labor market. Concerns about recession and inflation persist. Misconceptions about the economy among Americans. Consumers' plans to purchase a home dropped. The University of Michigan's consumer sentiment index reached a six-month low in May.

Version 1.06 (2024-05-29 15:57:25.624000)

updates: Updated information on consumer confidence, inflation concerns, and recession expectations

Version 1.05 (2024-05-29 14:53:57.569000)

updates: Updated information on consumer confidence in May and concerns about inflation

Version 1.04 (2024-05-29 10:54:05.076000)

updates: Updated information on consumer confidence, inflation concerns, and misconceptions about the US economy

Version 1.03 (2024-05-29 09:01:31.376000)

updates: Consumer confidence unexpectedly improves in May

Version 1.02 (2024-05-29 07:52:49.030000)

updates: Updated information on consumer confidence in the US, concerns about inflation and interest rates, and misconceptions about the economy

Version 1.01 (2024-05-29 05:57:22.844000)

updates: Consumer confidence improved in May, driven by optimism about the labor market. Concerns about a potential recession persist. Americans have misconceptions about the state of the economy. The rebound in consumer confidence is a positive sign for the US economy. Despite concerns about high prices, consumers are starting to feel better about the overall state of the economy. The wealthiest Americans expressed the largest rise in confidence among all income groups. Elevated prices, especially for food and groceries, continue to be a sticking point for consumers. Consumers' 12-month inflation expectations rose slightly. The number of respondents planning to buy a car rose slightly for a second straight month. Consumers' plans to purchase a home remained at its lowest level since August 2012. The survey also showed that consumers' confidence in the labor market improved in May. The University of Michigan's consumer sentiment index reached a six-month low in May. Americans' view of the economy improved in May for the first time since January. Consumers' perceptions of the labor market also improved. About 48.2% of consumers in the survey expect stock prices to increase over the coming year.

Version 1.0 (2024-05-29 03:53:06.502000)

updates: Consumer confidence unexpectedly rebounds in May, surpassing expectations

Version 0.99 (2024-05-28 23:52:51.528000)

updates: Updated information on consumer confidence in the US

Version 0.98 (2024-05-28 22:52:52.620000)

updates: Revised and updated story on US consumer confidence in May

Version 0.97 (2024-05-28 21:53:09.048000)

updates: Consumer confidence improves in May, ending 4-month decline

Version 0.96 (2024-05-28 21:52:36.095000)

updates: Consumer confidence in the US economy improved in May

Version 0.95 (2024-05-28 20:01:13.053000)

updates: Consumer confidence improved in May, ending three months of declines. The Present Situation Index and Expectations Index also rose. Concerns about inflation and recession persist. Misconceptions about the economy among Americans. The economy is expected to slow due to interest rate hikes. Consumer perceptions of the labor market improved.

Version 0.94 (2024-05-28 19:58:31.807000)

updates: Consumer confidence in the US unexpectedly improved in May

Version 0.93 (2024-05-28 19:56:03.398000)

updates: Updated information on consumer confidence, housing market, and inflation concerns

Version 0.92 (2024-05-28 19:55:20.796000)

updates: Consumer confidence in the US improves in May

Version 0.91 (2024-05-28 18:54:46.230000)

updates: Added information about consumers' uncertain outlook on the economy despite stable job growth and opportunities for higher income

Version 0.9 (2024-05-28 18:01:35.961000)

updates: Consumer confidence in the US rebounded in May, surpassing expectations. Despite concerns about inflation and a potential recession, the US economy shows signs of recovery.

Version 0.89 (2024-05-28 17:54:50.688000)

updates: Consumer confidence unexpectedly improved in May [c1e5f49c]. Consumers are upbeat about the stock market and more planned to buy major household appliances over the next six months [c1e5f49c]. Worries about inflation persisted and many households expected higher interest rates over the next year [c1e5f49c]. More consumers believed that the economy could slip into recession in the next 12 months [c1e5f49c]. Buying plans for major appliances rose, while those for houses dropped amid higher mortgage rates and elevated home prices [c1e5f49c]. House prices increased 6.7% in March on a year-on-year basis [c1e5f49c].

Version 0.88 (2024-05-28 16:56:24.165000)

updates: Consumer confidence rebounds in May, short-term expectations for income, business, and job market improve, concerns about a potential recession persist, misconceptions about the state of the economy among Americans

Version 0.87 (2024-05-28 16:53:49.107000)

updates: Updated information on inflation concerns and consumer spending plans

Version 0.86 (2024-05-28 16:52:27.902000)

updates: Integration of new information about misconceptions regarding the US economy among Americans

Version 0.85 (2024-05-28 15:54:53.549000)

updates: Consumer confidence unexpectedly improved in May, ending three straight months of declines. Views of current labor market conditions improved, contributing to the overall rise in consumer confidence. The wealthiest Americans expressed the largest rise in confidence among all income groups. On a six-month rolling basis, confidence has been highest among consumers under 35 years old who make more than $100,000 a year. Elevated prices continue to be a sticking point for consumers. Consumers' 12-month inflation expectations rose slightly to 5.4% in May. Concerns about a potential recession persist, with more than two-thirds of respondents believing a recession is somewhat or very likely in the next 12 months. The number of respondents planning to buy a car rose slightly for a second straight month, while those planning to buy a major appliance rose for the first time in several months. Consumers' plans to purchase a home remained at its lowest level since August 2012. Consumers' confidence in the labor market improved in May, despite a slowdown in hiring a month earlier.

Version 0.84 (2024-05-28 15:52:21.807000)

updates: Rebound in consumer confidence, concerns about recession

Version 0.83 (2024-05-28 14:54:07.967000)

updates: Consumer confidence unexpectedly improves in May

Version 0.82 (2024-05-28 14:52:19.382000)

updates: Consumer confidence rebounds in May as perceptions of job market improve

Version 0.81 (2024-05-09 23:52:58.690000)

updates: Consumer confidence declined for third straight month in April 2024

Version 0.8 (2024-05-08 12:54:11.333000)

updates: New information on the decline in economic confidence in May

Version 0.79 (2024-05-02 04:53:46.095000)

updates: Integration of new information about the decline in consumer confidence and the impact of high prices on consumer sentiment

Version 0.78 (2024-05-01 16:57:50.646000)

updates: Updated information on consumer confidence and economic indicators

Version 0.77 (2024-05-01 07:51:32.475000)

updates: Updated information on consumer confidence and economic indicators

Version 0.76 (2024-04-30 23:56:38.866000)

updates: Consumer confidence continues to decline, reaching lowest level since 2022

Version 0.75 (2024-04-30 20:54:58.093000)

updates: Updated information on consumer confidence, inflation, and interest rates

Version 0.74 (2024-04-30 18:51:41.561000)

updates: Consumer confidence decline continues, concerns about high prices

Version 0.73 (2024-04-30 16:51:50.586000)

updates: The decline in consumer confidence was observed across all age and income groups, except for those earning annual salaries between $25,000 and $49,999. The number of respondents planning to make major purchases, such as buying a home or big-ticket appliances, also declined. Additionally, fewer people planned to take vacations.

Version 0.72 (2024-04-30 14:51:11.622000)

updates: Consumer confidence continues to decline, concerns about high prices cited

Version 0.71 (2024-03-29 15:19:23.536000)

updates: California consumer outlook hits 11-year low

Version 0.7 (2024-03-26 22:18:07.599000)

updates: Updated information on consumer confidence index and short-term expectations

Version 0.69 (2024-03-26 21:24:15.876000)

updates: Consumer confidence remained steady in March, short-term expectations declined, concerns about prices and politics increased

Version 0.68 (2024-03-26 21:23:55.685000)

updates: New information about concerns over US politics and prices

Version 0.67 (2024-03-26 17:20:18.667000)

updates: Consumer confidence remains steady, short-term expectations decline

Version 0.66 (2024-03-26 17:19:14.470000)

updates: Consumer confidence index holds steady in March

Version 0.65 (2024-03-26 16:18:57.569000)

updates: Consumer confidence index remains steady in March, short-term expectations decline, concerns about food and gas prices and the upcoming presidential election contribute to the decline, divergence in confidence levels based on age and income groups, most economic indicators show the US economy in good shape, signs of increasing caution among consumers, policymakers and economists will need to address the concerns of different consumer segments

Version 0.64 (2024-03-26 15:18:55.876000)

updates: The index measuring short-term expectations fell to 73.8 from 76.3 last month. Concerns about food and gas prices, as well as the upcoming presidential election, contributed to the decline in confidence. The survey also revealed a divergence in confidence levels based on age and income groups. Confidence improved among consumers aged 55 and older but deteriorated for those under 55. Respondents earning between $50,000 and $99,999 reported lower confidence, while other income groups felt more confident. Retail sales rose but not as much as expected, indicating that Americans are becoming more cautious with their spending. The labor market continues to add jobs, with 275,000 jobs added in February.

Version 0.63 (2024-03-26 15:18:12.954000)

updates: The new information provides more details on the decline in short-term expectations for income, business, and the job market. It also highlights concerns about food and gas prices, as well as the upcoming presidential election. The survey reveals a divergence in confidence levels based on age and income groups. Additionally, the new information mentions positive retail sales and job growth, but indicates that Americans are becoming more cautious with their spending.

Version 0.62 (2024-03-26 15:17:22.352000)

updates: Consumer confidence holds steady in March, short-term expectations decline

Version 0.61 (2024-03-19 20:18:50.778000)

updates: Analysis of the weakening US economy and its impact on the dollar

Version 0.6 (2024-03-10 13:19:10.926000)

updates: Consumer confidence index fell in February, affecting all income groups

Version 0.59 (2024-03-01 03:22:22.852000)

updates: Consumer confidence dips after three-month rising streak

Version 0.58 (2024-02-28 16:18:30.995000)

updates: Economic sentiment falls to its lowest point since early January

Version 0.57 (2024-02-28 08:17:49.604000)

updates: Incorporated information about the decline in consumer confidence from a CNBC report

Version 0.56 (2024-02-28 07:26:38.495000)

updates: Consumer confidence declined due to labor market and political concerns

Version 0.55 (2024-02-28 07:26:16.178000)

updates: Consumer confidence declines in February, reversing upward trend

Version 0.54 (2024-02-27 23:21:15.089000)

updates: Consumer confidence fell in February, reflecting recession fears and rate hikes

Version 0.53 (2024-02-27 23:20:35.994000)

updates: Consumer confidence declined unexpectedly in February

Version 0.52 (2024-02-27 23:18:54.432000)

updates: Consumer confidence declined amid recession fears and an uncertain job market

Version 0.51 (2024-02-27 22:25:00.963000)

updates: Consumer confidence fell in February to 106.7, down from a revised 110.9 in January. The decline in confidence was broad-based, affecting all income groups except households earning less than $15,000 and those earning more than $125,000. Confidence deteriorated for consumers under the age of 35 and those 55 and over, whereas it improved slightly for those aged 35 to 54. The Present Situation Index fell back to 147.2 in February from 154.9 in January. The Expectations Index slipped to 79.8, down from a revised 81.5 in January. 14.8% expect business conditions to improve, down from 16.7% in January. 15.5% expect business conditions to worsen, down from 16.0%. 14.7% of consumers expect more jobs to be available, down from 15.6% in January. 17.3% anticipate fewer jobs, up from 16.7%. 16.9% of consumers expect their incomes to increase, down from 17.1% in January. 11.3% expect their incomes to decrease, down from 12.5%. Average 12-month inflation expectations ticked down further to 5.2 percent in February. Expected inflation has fallen to its lowest level since March 2020, when it stood at 4.5 percent.

Version 0.5 (2024-02-27 22:19:05.698000)

updates: Consumer confidence index lower than expected, concerns about labor market and political environment, decline in buying plans for major purchases, mixed economic data at the start of the year, implications for broader economy

Version 0.49 (2024-02-27 22:18:38.527000)

updates: Consumer confidence fell in February, signaling potential recession

Version 0.48 (2024-02-27 22:18:01.923000)

updates: Includes new information about Americans' growing concern about jobs and the economy

Version 0.47 (2024-02-27 20:27:30.359000)

updates: Consumer confidence fell unexpectedly in February, interrupting a three-month rise. Concerns about inflation, rising interest rates, and geopolitical conflicts overshadow positive economic indicators. Buying plans for major purchases and vacations declined. Economists caution that January's data is not enough to change the overall narrative of a growing economy accompanied by moderating inflation. The US economy has a generally positive outlook, with strong growth and easing inflation. American consumers are feeling less confident this month as concerns over a possible recession grew, despite most indicators pointing to a healthy US economy. Consumers' short-term expectations for income, business, and the job market fell, signaling a possible upcoming recession. The decline in consumer confidence is surprising given the resilience of the economy in the face of higher interest rates and inflation. The Federal Reserve is expected to start cutting rates later this year to further boost the strong economy.

Version 0.46 (2024-02-27 19:19:33.628000)

updates: The consumer confidence index fell to 106.7 in February, signaling a potential recession. Consumers' view of current conditions also retreated. The decline in consumer confidence is surprising given the resilience of the economy in the face of higher interest rates and inflation.

Version 0.45 (2024-02-27 18:20:20.047000)

updates: Consumer inflation expectations fell to 5.2% from 5.3%

Version 0.44 (2024-02-27 18:18:52.321000)

updates: Updated information on consumer confidence in the US

Version 0.43 (2024-02-27 17:16:29.127000)

updates: Consumer confidence slips in February as concerns over potential recession grow

Version 0.42 (2024-02-27 16:23:18.531000)

updates: Consumer confidence declines in February, signaling potential recession

Version 0.41 (2024-02-27 16:19:56.753000)

updates: Consumer confidence declines for the first time since November

Version 0.4 (2024-02-27 16:19:19.088000)

updates: Consumer confidence falls in February, affecting various income groups

Version 0.39 (2024-02-27 16:16:24.075000)

updates: Integration of additional information about the US economy and factors contributing to consumer sentiment

Version 0.38 (2024-02-27 15:21:09.398000)

updates: Consumer confidence unexpectedly dips in February

Version 0.37 (2024-02-04 11:11:36.249000)

updates: Updated information on consumer confidence and its impact on the US economy and retail stocks

Version 0.36 (2024-01-31 04:25:24.992000)

updates: Updated consumer confidence index and retail sales data

Version 0.35 (2024-01-31 01:26:41.040000)

updates: Consumer confidence index rises to 110.7 in December, highest level since July [2960c9bd]. Consumer confidence index rises to 114.8 in January, highest level since December 2021 [88f7d5ef]. Existing home sales increase 0.8% in November, ending a five-month string of decreases [2960c9bd].

Version 0.34 (2024-01-30 21:30:12.982000)

updates: Updated information on consumer confidence and home sales

Version 0.33 (2024-01-30 18:25:25.594000)

updates: Consumer confidence index rises to 114.8 in January, highest level since December 2021 [88f7d5ef]

Version 0.32 (2024-01-30 17:27:45.464000)

updates: Consumer confidence index in January, decline in intent to purchase homes, autos, and big-ticket items

Version 0.31 (2024-01-30 15:27:40.209000)

updates: Updated consumer confidence index for January 2024

Version 0.3 (2024-01-30 15:27:14.704000)

updates: Updated information on consumer confidence in January

Version 0.29 (2023-12-22 14:15:37.739000)

updates: Includes information about large-cap growth funds to buy on surging consumer confidence

Version 0.28 (2023-12-21 09:59:28.605000)

updates: Consumer confidence surges to five-month high, home sales show gains

Version 0.27 (2023-12-21 06:00:40.182000)

updates: Consumer confidence index reaches five-month high, home sales show gains

Version 0.26 (2023-12-21 03:59:36.027000)

updates: Updated information on consumer confidence, retail sales, and home sales

Version 0.25 (2023-12-21 01:05:10.783000)

updates: Integration of information about home sales showing gains

Version 0.24 (2023-12-20 22:59:34.353000)

updates: Consumer confidence index rises, Americans more optimistic about the economy

Version 0.23 (2023-12-20 22:00:45.670000)

updates: Consumer confidence index reaches highest reading since July

Version 0.22 (2023-12-20 20:02:29.015000)

updates: Updated information on consumer confidence and retail sales

Version 0.21 (2023-12-20 19:01:36.620000)

updates: Updated information on consumer confidence index and retail sales

Version 0.2 (2023-12-20 18:00:57.054000)

updates: Consumer sentiment surged in December, boosting consumer confidence and holiday spending

Version 0.19 (2023-12-20 17:00:05.034000)

updates: Updated information on consumer confidence and holiday shopping season

Version 0.18 (2023-12-20 16:59:23.620000)

updates: Consumer confidence rose in December to the highest level in five months as sentiment on both the current and future situations improved markedly. Spending plans showed overall increases for all categories, and there was more vacation spending than previously recorded. The economy continued to add thousands of new jobs while spending stayed robust even when confidence was at a multiyear low. The Conference Board's measure of consumer confidence fell to its lowest level in six years in August. The health of the American consumer remains strong as outlays on retail sales closed out the year on a positive note. The Conference Board's confidence index dipped to 100.2 in November from 102.2 in the prior month. Inflation in Canada stayed steady at 3.1%.

Version 0.17 (2023-12-20 16:01:32.505000)

updates: Updated information on consumer confidence and its impact on the holiday shopping season and retail stocks

Version 0.16 (2023-12-20 15:59:34.808000)

updates: Consumer confidence surges in December, highest reading since July

Version 0.15 (2023-11-30 13:49:21.488000)

updates: Added information about the positive impact of consumer confidence on retail stocks

Version 0.14 (2023-11-29 18:36:42.236000)

updates: Consumer spending may slow due to higher borrowing costs, credit card debt, and delinquencies

Version 0.13 (2023-11-29 08:39:43.958000)

updates: Updated information on consumer confidence and spending

Version 0.12 (2023-11-29 05:38:08.617000)

updates: Updated information on consumer confidence and spending

Version 0.11 (2023-11-29 01:35:08.576000)

updates: Updated information on consumer confidence and spending

Version 0.1 (2023-11-28 22:37:09.812000)

updates: Consumer spending may slow in the final months of the year due to higher borrowing costs, credit card debt, delinquencies, and declining average savings. Retail spending in October already decreased.

Version 0.09 (2023-11-28 22:35:58.976000)

updates: Improved outlook for next 6 months

Version 0.08 (2023-11-28 19:35:37.564000)

updates: Updated information on consumer confidence and holiday spending

Version 0.07 (2023-11-28 18:34:46.618000)

updates: Updated information on consumer confidence and concerns

Version 0.06 (2023-11-28 17:35:34.258000)

updates: Updated consumer confidence data and survey results

Version 0.05 (2023-11-28 16:35:35.185000)

updates: Updated consumer confidence index and economic outlook

Version 0.04 (2023-11-28 16:35:19.795000)

updates: Updated information on consumer confidence and spending

Version 0.03 (2023-11-28 15:35:45.561000)

updates: Updated information on consumer confidence and its impact on holiday shopping season

Version 0.02 (2023-11-24 00:08:27.172000)

updates: Consumer confidence improves, but uncertainty persists in retail sector

Version 0.01 (2023-11-22 12:02:33.607000)

updates: Consumer spending and retail industry show signs of normalcy

Version 0.0 (2023-11-07 04:25:32.532000)

updates: