Content about Consumer confidence

August 29, 2012

Since the beginning of the economic downturn, forecasts on housing starts, real estate sales and remodeling have gathered like a convention of fortune tellers. But only one crystal ball is focused solely on the home improvement industry and how consumers are spending — or not spending — money on their homes.

August 28, 2012

The Conference Board Consumer Confidence Index declined to its lowest level since November 2011, hitting a reading of 60.6 in August.

The Consumer Confidence Index fell in August to 60.6, down from a revised 65.4 in July. The latest figure marks the lowest index reading since November 2011.

August 28, 2012

The Conference Board Consumer Confidence Index declined to its lowest level since November 2011, hitting a reading of 60.6 in August.

The Consumer Confidence Index fell in August to 60.6, down from a revised 65.4 in July. The latest figure marks the lowest index reading since November 2011.

July 31, 2012

After four months of declining numbers, the Conference Board Consumer Confidence Index improved in July to 65.9, up from 62.7 in June.

A year ago, the July 2011 Consumer Confidence Index stood at 59.2.

May 29, 2012

The Conference Board Consumer Confidence Index, which had declined slightly in April, fell further in May. The Index now stands at 64.9 (1985=100), down from 68.7 in April. The Expectations Index declined to 77.6 from 80.4, while the Present Situation Index decreased to 45.9 from 51.2 last month.

April 30, 2012

The Consumer Confidence index slipped slightly. Also on the Dashboard, gas prices are lower than last week, last month and last year -- but not by much.

March 27, 2012

The Conference Board Consumer Confidence Index, which had increased in February, pulled back slightly in March. The Index now stands at 70.2 (1985=100), down from 71.6 in February. The Present Situation Index, however, increased to 51.0 from 46.4. The Expectations Index declined to 83.0 from 88.4 in February.

February 29, 2012

The widely watched measure of consumer confidence from The Conference Board now stands at 70.8, up from 61.5 in January.

January 6, 2012

There is an old curse: “May you live in interesting times.” Unfortunately for the economy, the last several years have been “interesting times.” Home improvement has weathered this storm better than some areas (notably new-home construction), but the industry has clearly been impacted. Twice a year the Home Improvement Research Institute (HIRI) publishes a detailed size-of-market forecast for home improvement product sales.

January 2, 2012

Consumer Confidence made a surge in December, pushing the needle from an index reading of 55.2 to 64.5. Total housing starts also surged, while single-family starts increased slightly. 

 

December 9, 2011

Consumer research from Port Washington, N.Y.-based NPD Group shows consumers are feeling a little better about the economy, but not as good as they felt last year at this time.

The November 2011 NPD U.S. Economic Perception Indicator, a measure of consumer confidence, increased slightly to an index reading of 37.4, on a scale of 0 -- "very concerned" -- to 100 -- "very confident."

The November reading is up from 35.9 in October. A year ago, the perception indicator index was at 40.5.

December 5, 2011

All three of the Consumer Watch metrics are heading in the right direction -- unemployment, consumer confidence and gas prices. Elsewhere, stocks are all over the board again.

November 29, 2011

The Conference Board reported Tuesday morning that its Consumer Confidence Index increased to 56.0 in November, up from 40.9 in October.

That's not the only metric improving. The Expectations Index rose to 67.8 from 50.0, and the Present Situation Index increased to 38.3 from 27.1. 

It's certainly not partying like 1985 -- when the Index was set at 100. But it's an improvement welcomed by Lynn Franco, director of The Conference Board Consumer Research Center. 

November 7, 2011

Consumer Confidence has fallen to an index of 39.8, compared with 49.9 last year. At least gas prices are improving slightly.

November 3, 2011

There were no mixed signals this time from the NPD U.S. Economic Perception Indicator. October was down from the previous month, and down ever more from the previous year.

Consumer research from Port Washington, N.Y.-based NPD Group showed that consumers are increasingly concerned about the economy. The October 2011 NPD U.S. Economic Perception Indicator, a measure of consumer confidence, decreased slightly to an index reading of 35.9, on a scale of 0 -- "very concerned" -- to 100 -- "very confident."

November 1, 2011

A report released Friday by Thomson Reuters and the University of Michigan found that consumer confidence in the United States rose unexpectedly in October, a signal that an economic recovery process may still be intact.

The Thomson Reuters/University of Michigan final index of consumer sentiment climbed to 60.9 from 59.4 in September, beating Bloomberg News economists’ projections of a drop to 58.

The preliminary reading for the month was 57.5.

October 3, 2011

The national average price for a gallon of regular gas dropped about a dime compared with a week ago. Consumer confidence increased ever so slightly.

September 29, 2011

The general perception of the U.S. economy in the eyes of the consumer is slightly better than last month, but slightly worse than last year.

Consumer research from Port Washington, N.Y.-based NPD Group shows that consumers remain concerned in September.

The September 2011 NPD U.S. Economic Perception Indicator, a measure of consumer confidence, increased slightly to an index reading of 36.6, on a scale of 0 -- "very concerned" -- to 100 -- "very confident."

September 27, 2011

Consumer confidence continues to plod along in the mid-forties.

Data released Tuesday morning by the New York City-based Conference Board showed the Consumer Confidence Index for the month of September at 45.4, up slightly from an upwardly revised 45.2 reading in August. 

September 27, 2011

Consumer confidence continues to plod along in the mid-forties.

Data released Tuesday morning by the New York City-based Conference Board showed the Consumer Confidence Index for the month of September at 45.4, up slightly from an upwardly revised 45.2 reading in August. 

September 16, 2011

Consumer research from Port Washington, N.Y.-based NPD Group shows a sharp rise in concern over the economy in August.

The August 2011 NPD U.S. Economic Perception Indicator, a measure of consumer confidence, is down slightly to an index reading of 35.1 on a scale of 0 -- "very concerned" -- to 100 -- "very confident."

The August reading is down from 39.6 in July. A year ago, the perception indicator index was at 40.3.  

August 30, 2011

After an uptick in July, the Consumer Confidence Index issued by The Conference Board fell to 44.5, down from a downwardly revised 59.2 reading in July. 

The August figure is the lowest since April 2009 when the index was 40.8.

August 30, 2011

After an uptick in July, the Consumer Confidence Index issued by The Conference Board fell to 44.5, down from a downwardly revised 59.2 reading in July. 

The August figure is the lowest since April 2009 when the index was 40.8.

August 2, 2011

As the latest Consumer Confidence Index scored a slight uptick (see Dashboard, page 42), the latest research from the Home Improvement Research Institute showed a boost in the expected amount of spending on projects around the home. 


The anticipated cost of planned home improvement projects in June increased 5% to an average of $517 per project, according to the latest monthly update from HIRI.


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