WASHINGTON, March 28- U.S. consumer confidence surged to a more than 16- year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, suggesting the economy was regaining momentum after faltering at the start of the year. "With confidence upbeat and several other signals related to consumer spending in...
Stephen Wood, Russell Investments, and Ruchir Sharma, Morgan Stanley Investment Management, weigh in on consumer confidence, the European economy and the dollar index.
March 28- U.S. consumers' confidence in the economy rose in March to its highest level since December 2000, a survey showed on Tuesday, led by optimism for finding work and a brighter assessment of business conditions. The Conference Board said its Consumer Confidence Index rose to a reading of 125.6 in March from an upwardly revised 116.1 in February.
Jonathan Golub, Chief U.S. Market Strategist at RBC Capital Markets and Jack Ablin, BMO Private Bank CIO, weigh in on the March consumer confidence index.
*Manufacturing output increases 0.5 percent in February. WASHINGTON, March 17- U.S. factory output increased for a sixth straight month in February while consumer sentiment rebounded in early March, underscoring the economy's resilience even as growth appears to have slowed significantly in the first quarter. "First-quarter growth is likely to disappoint,...
Standard & Poor’s Global Ratings has issued a new report claiming there will be a “gradual softening” of demand in the U.K.this year.
British retailers have seen non-food sales fall to their lowest levels in over five years as inflation rises higher.
CNBC's Rick Santelli reports the latest reading on the Richmond Fed manufacturing index and the Conference Board consumer confidence index.
WASHINGTON, Feb 24- New U.S. single-family home sales rose less than expected in January, likely held back by heavy rains and flooding in California, but continued to point to a strengthening housing market despite higher prices and mortgage rates. Consumers are confident and are buying homes, but builders are not getting their share of that demand, "said Joel...
WASHINGTON, Feb 24- New U.S. single-family home sales rose less than expected in January, likely hurt by flooding in California, but continued to point to a strengthening housing market despite higher prices and mortgage rates. The Commerce Department said new home sales increased 3.7 percent to a seasonally adjusted annual rate of 555,000 units last month.
CNBC's Rick Santelli reports the latest read on new home sales and University of Michigan consumer confidence.
Consumer sentiment falls in early February. WASHINGTON, Feb 10- U.S. consumer sentiment eased off a 13- year high in early February likely as some of the jubilation over Donald Trump's election victory ebbed, but it remained strong enough to suggest that consumers will continue to drive the economy. The University of Michigan on Friday said its consumer...
WASHINGTON, Jan 31- U.S. consumer confidence retreated from a 15- year high in January likely as some of the election euphoria fizzled, but households remained upbeat about the labor market, suggesting that the economy would continue to grow this year. Consumer sentiment surged in the aftermath of Donald Trump's election as president last November.
Cashin's take a market milestone. Big tech earnings on deck. And a key level for the dollar, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Resilient consumer confidence helped boost U.K. retailers this week, but problems lie ahead warns UBS.
Delta CEO Ed Bastian tells CNBC a consumer confidence bump since Trump's election can already be seen in the airline's bottom line.
Robert Shiller tells CNBC that Trump is a "motivational speaker" with a "tremendous self-confidence" that's contagious for everybody.
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Discussing the trades on the Dow and gold as well as Dennis Gartman's outlook for commodities, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Economists polled by Reuters expected the Consumer Confidence Index to hit 109 in December.