The Reuters/University of Michigan index of consumer sentiment jumped from 74.2 points in January to 77.5 points in February. On the back of the February increase, confidence is at the highest level since January 2008. Consumer sentiment improved notably in February as respondents are increasingly upbeat regarding the job market in 2011. According to the chief economist of the survey, Richard Curtin, ?these developments are likely to draw more discouraged workers back into the labour force?. The improvement in expectations was enough to more than offset concerns about rising food prices.
United States Consumer Confidence
Consumer confidence hits a three-year high
February 25, 2011
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United States Economic News
United States: Clinton’s lead over Trump widens but presidential election results are still uncertain
October 20, 2016
Only a few weeks ahead of the 8 November presidential elections, major polls suggest that Hillary Clinton has extended her lead over Donald Trump, but the presidential race will be decided in the most fiercely contested states.
October 14, 2016
In September, nominal retail sales expanded 0.6% over the previous month.
October 7, 2016
Non-farm payrolls grew 156,000 in September, which came in below August’s upwardly-revised increase of 167,000 (previously reported: +151,000).
October 3, 2016
The ISM manufacturing index increased more than expected in September and returned to expansionary territory, after a temporary setback in August.
September 27, 2016
The S&P/Case-Shiller 20-city home composite index rose 0.6% in July over the previous month.