Tag: confidence

US Confidence Plunges on COVID Rebound

The Conference Board’s US consumer confidence index fell to a reading of 92.6 in July from an upward revised 98.3 reading in June, with concerns about the resurgence of COVID-19 cases cited by Conference Board. Analysts had expected the July index to fall to 95.7 from the originally reported 98.1 reading in June. The index […]

Data Flash: US March Confidence Falls; Social Distance Rules, Coverage Rage On

Conference Board’s Measure Echoes Michigan Sentiment The Conference Board’s US consumer confidence index fell in March to a reading of 120.0 from 132.6 in February, another indication that COVID-19 had severely impacted the psyche of consumers in just a few weeks, the Conference Board reported Tuesday. The report, based on a sample through March 19, […]