American consumers feel a bit less confident this month, their spirits pulled down by Hurricanes Harvey and Irma.
*Consumer confidence slips in September. WASHINGTON, Sept 26- U.S consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the storms would hurt economic growth in the third quarter. It said confidence in Texas and Florida "decreased considerably."
WASHINGTON— American consumers feel a bit less confident this month, their spirits pulled down by Hurricanes Harvey and Irma. Conference Board economist Lynn Franco says that confidence "decreased considerably" in hurricane-hit Florida and Texas. Just 18.1 percent of respondents told that Conference Board that jobs were "hard to get" in September— the lowest...
CNBC's Rick Santelli reports the latest read on the Consumer Confidence Index.
The University of Michigan's consumer sentiment index rose to 96.8 in August from a final reading of 93.4 the month before. "The Sentiment Index has been higher during the first eight months of 2017 than in any year since 2000, which was the peak year of the longest expansion in U.S. history," said Richard Curtin, chief economist for the Surveys of Consumers.
*Consumer confidence index rises to 122.9 in August. WASHINGTON, Aug 29- U.S consumer confidence surged to a five-month high in August as households grew increasingly upbeat about the labor market while house prices rose further in June, suggesting a recent acceleration in consumer spending was likely to be sustained. Home prices are rising, stocks are just off...
Aug 29- U.S. consumers' confidence in the economy unexpectedly strengthened in August to their strongest level in five months, buttressed by optimism about current business conditions, a survey released on Tuesday showed. The latest confidence reading was strongest since 124.9 in March which was the highest since December 2000. Consumers more buoyant...
CNBC's Rick Santelli reports the latest read on the Consumer Confidence Index, coming in at 122.9 versus the estimated 120.7.
A major indicator of consumer optimism rose to 122.9 in August.
NEW YORK, Aug 18- U.S. Treasury yields rebounded from their session lows on Friday as stronger-than-forecast data on U.S. consumer sentiment in early August from the University of Michigan revived some demand for stocks and reduced appetite for low-risk bonds. At 10:11 a.m., the benchmark 10- year Treasury yield was 2.171 percent, down 2.4 basis points from...
WASHINGTON, July 25- U.S consumer confidence jumped to a near 16- year high in July amid optimism over the labor market while house prices maintained their upward trend in May, which could boost consumer spending after recent sluggishness. "This brightens the outlook for the economy as we enter the second half of the year," said Chris Rupkey, chief economist at MUFG...
A major indicator of consumer optimism beat estimates, maintaining a 16-year high.
CNBC's Rick Santelli reports the latest read on consumer confidence.
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