July consumer confidence index rebounds slightly from June

Consumer confidence gained marginal ground by rising 0.3 points in July, after a modest decline in June. Consumers' assessment of present-day conditions improved, suggesting that economic growth is still strong. However, while expectations continue to reflect optimism in the short-term economic outlook, back-to-back declines suggest consumers do not foresee growth accelerating.

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Consumer confidence rebounds in May, suggests Q2 growth may have risen from Q1

Consumer confidence increased in May after a modest decline in April. Consumers’ assessment of current conditions increased to a 17-year high, suggesting that the level of economic growth in Q2 is likely to have improved from Q1. Consumers’ short-term expectations improved modestly, suggesting that the pace of growth over the coming months is not likely to gain any significant momentum.

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Consumer confidence retreats moderately in March due to business conditions

Consumer confidence declined moderately in March after reaching an 18-year high in February. Consumers’ assessment of current conditions declined slightly, with business conditions the primary reason for the moderation. Consumers’ short-term expectations also declined, including their outlook for the stock market, but overall expectations remain quite favorable.

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February consumer confidence rises to highest level since late 2000

Consumer confidence improved to its highest level since November 2000 after a modest increase in January. Consumers’ assessment of current conditions was more favorable this month, with the labor force the main driver. Despite the recent stock market volatility, consumers expressed greater optimism about short-term prospects for business and labor market conditions, as well as their financial prospects. Overall, consumers remain quite confident that the economy will continue expanding at a strong pace in the months ahead.

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Consumer confidence rebounds in January to 125.4

Consumer confidence improved in January after declining in December. Consumers’ assessment of current conditions decreased slightly, but remains at historically strong levels. Expectations improved, though consumers were somewhat ambivalent about their income prospects over the coming months, perhaps the result of some uncertainty regarding the impact of the tax plan.

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December consumer confidence dips slightly from November's 17-year high

Consumer confidence retreated in December after reaching a 17-year high in November. The decline in confidence was fueled by a somewhat less optimistic outlook for business and job prospects in the coming months. Consumers' assessment of current conditions, however, improved moderately.

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Consumer confidence extends winning steak for fifth straight month

Consumer confidence increased for a fifth consecutive month and remains at a 17-year high. Consumers’ assessment of current conditions improved moderately, while their expectations regarding the short-term outlook improved more so, driven primarily by optimism of further improvements in the labor market. Consumers are entering the holiday season in very high spirits and foresee the economy expanding at a healthy pace into the early months of 2018.

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