WASHINGTON, Oct 31- U.S. consumer confidence jumped to a near 17- year high in October, with households upbeat about the labor market and business conditions, which could underpin consumer spending and boost the economy in the final three months of the year. "An optimistic consumer emboldened by a solid economy and an increasingly competitive labor market is...
CNBC's Rick Santelli reports the latest read on consumer confidence from the Conference Board.
Consumers were even more optimistic in October than economists polled by Reuters expected.
Consumer confidence was expected to hit 100.9 in October.
Oct 27- Solid results from tech titans Amazon and Google-parent Alphabet were seen driving the U.S. stock index futures higher on Friday. The GDP data is due at 8:30 a.m. EDT. *A final reading of University of Michigan Consumer Sentiment Index is likely fall to 100.9 for October.
Steve Barr, PricewaterhouseCoopers, discusses the latest read on consumer confidence ahead of holiday season shopping.
The organic industry is misleading consumers, and Congress should step in, says Julie Kelly in National Review.
Rebuilding in the hurricane-ravaged Texas and Florida also is expected to deliver a boost in the fourth quarter. "Though hurricane disruptions will make spending uneven geographically over the next few months, we expect consumers to remain a primary driver of U.S. economic growth in 2018," said James Bohnaker, a U.S. economist at IHS Markit in Lexington,...
*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."
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.
Sustainable products and social responsibility are "integral" to Unilever's operating model, the company's CEO Paul Polman told CNBC.