Silver as an investment

Category Archives: Consumer confidence index

Key Events In The Last Week Before Christmas

It might be the last full week before Christmas – with both newsflow and trading volumes set to slide substantially – but there’s still a few interesting events and data releases to look forward to next week. Among the relatively sparse data releases schedule, we get US GDP, core PCE, housing and durable goods orders […]

Consumer Confidence Unexpectedly Drops On Inflation, Rate-Hike Fears

UMich consumer sentiment declined from 100.7 to 97.8 in the preliminary November print, disappointing expectations of a small rise as anticipation of a pickup in inflation and higher interest rates weighed on the gauge. Even with the decline, sentiment was the second-highest since January, reinforcing other reports that Americans remain optimistic about employment and the […]

Household Spending Growth Expectations Crash To Cycle Lows

Despite record high stock prices, soaring consumer sentiment measures, and the constant Fed-spun narrative that incomes will rise amid ‘full-employment’, the latest survey of Americans by The New York Fed signals hope is collapsing for a spending renaissance… Median household spending growth expectations tumbled from 3.29% in March to 2.58% in April, lowest level in […]

The Chart That’s Keeping Goldman Up At Night

The spread between “hard” and “soft”, or survey and sentiment data, ever since the election has been extensively noted and discussed on this website in recent months (especially since over the past two months the soft data has rolled decisively over, while the Citi economic surprise index has crashed at the fastest pace on record). […]

WTF Chart Of The Day: American Consumer Confidence Soars To 16 Year Highs As Real Wages Plunge

Continuing the trend of 'soft' survey data strong performance and expectation beats, The Conference Board's Consumer Confidence surged above the highest analyst's expectation to 114.8 – the best print since July 2001.   Consumers’ assessment of current conditions held relatively steady in February. Those saying business conditions are “good” declined slightly from 29.0 percent to […]

Key Events In The Coming Week

It is a relatively light week in the US, with mainly trade balance, JOLTS and consumer credit data out. The key economic release this week is University of Michigan consumer sentiment on Friday. In addition, there are a few scheduled speaking engagements from Fed officials this week, including a speech by Federal Reserve Vice Chair […]

Consumer Confidence Is The Highest In 13 Years

The final UMichigan consumer confidence print is in, and it was even higher, printing at 98.5, up from 98.2 in December, and above the 98.1 consensus estimate. This was the highest print since January 2014, or as the survey emphatically notes, “consumers expressed a higher level of confidence January than any other time in the […]

American “Hope” Spikes To Highest In 18 Months After Trump Win

Inflation expectations (short- and long-term) have risen notably in the latest Uiniversity of Michigan survey data but it is “hope” that has soared. Consumer Expectations spiked most in over 3 years to 85.2 in November to 18 month highs following the election of Donald Trump as US president. While current conditions remain well off the […]