Consumer Confidence Index
The unemployment rolls continue to grow as businesses adjust to COVID-19 realities.
Meanwhile, the stock market continued to fluctuate.
A strong jobs market and tax cuts are making households feel better off.
Consumers aren't so sure about economic growth in their short-term outlook.
An escalation of tariffs or quotas could cause supply chain disruptions.
Despite a mixed outlook on the jobs front, the index is still at a historically strong level.
Participants in the latest survey were upbeat about the jobs front over the next several months.
China's "consumer upgrade" is driving spending on designer fashion from local and international brands.
The current level is 130.8, near its high of 132.6 in November 2000.
A more positive outlook on the jobs front helped boost the confidence of consumers.
The near-term outlook on business conditions and job prospects were areas of concern by consumers.
Business conditions might be somewhat flat, but the availability of jobs six months out is expected to…
Consumer sentiment for the short-term — six months out — is expected to rise, particularly on the jobs…
Consumers were more upbeat about current conditions, and only slightly up for the short-term outlook.
Confidence over current conditions are at a nearly 16-year high.