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US Consumer Confidence Is Falling: What It Means For Investors
Tuesday, May 31, 2022 - 1:32pm | 372Persistently elevated inflation and a slowing economy are taking their toll on U.S. consumer confidence, and it could spell bad news for the SPDR S&P 500 ETF Trust (NYSE: SPY). What Happened? U.S. consumer confidence dropped to a three-month low in May, according to the Consumer Confidence...
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Q4 Retail Earnings Preview: Will The Results Reflect High Consumer Confidence?
Wednesday, February 28, 2018 - 5:04pm | 899While the economy's fundamentals are not picture-perfect, they still point to a healthy environment. A report released by the Conference Board Tuesday said that confidence among the U.S. consumers rose to the highest level in over 17 years. The consumer confidence index rose from 124.3 in...
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Consumer Confidence Preview: Consumers Remain Cautious About Short-Term Outlook
Tuesday, June 30, 2015 - 7:48am | 198The Conference Board is set to release Consumer Confidence at 10 a.m. ET, with expectations for a reading of 97.4. Consensus estimates range from 94.5 to 99.0 according to Bloomberg. The expected 97.4 reading would top last month's level of 95.4 and put the index back near the recent highs set...
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Consumer Confidence Rebounds In December
Tuesday, December 30, 2014 - 11:43am | 124The U.S. Consumer Confidence rebounded slightly in December, according to Tuesday's data point. The Conference Board Consumer Confidence Index improved to 92.8 from 88.7 in November, but fell short of the 93.2 analysts were expecting. “Consumer confidence rebounded modestly in December, propelled...
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Retail Sales Unexpectedly Advance 0.1 Percent, Details Stronger
Monday, May 13, 2013 - 10:01am | 660At first blush, retail sales posted a seemingly-anemic gain 0.1 percent gain in April after dropping a revised 0.5 percent in March, a bigger drop than the 0.4 percent decline originally reported. Expectations were for a 0.3 percent drop. The U.S. Census Bureau announced Monday that advance...