In July, the Conference Board consumer confidence index rose to 59.5 points from a revised 57.6 points in June (previously reported: 58.5 points). The reading marked the first increase since April and surprised the market on the upside, as analysts anticipated consumer confidence to moderate to 57.0 points. That said, the index remains subdued, well below the 72-point peak reached in February. According to the Conference Board, the modest monthly rise was the result of an overall improvement in expectations over the short term, despite a greater number of respondents expecting business conditions to deteriorate over the next six months. In addition, ?consumers' appraisal of current business and employment conditions [?] was less favorable as concerns about the labor market continue to weigh on consumers' attitudes.?
United States Consumer Confidence
Consumer confidence rises for the first time since April
July 26, 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.