Economist and columnist Dr. Elliot Eisenberg will once again kick off the first full day of the 2021 Boating Industry ELEVATE SUMMIT. For those of you who attended the inaugural ELEVATE in Orlando, or the virtual version in 2020, you know you will be educated and entertained as he presents on macroeconomic conditions such as GDP growth, interest rates, unemployment, inflation, consumer ...
Read More »Tag Archives: consumer confidence
Consumer confidence at 16-year high
The Consumer Confidence Index increased in August to 122.9, up from 120.0 in July. The Present Situation Index rose from 145.2 to 151.2 and the Expectations Index increased from 103.0 to 104.0. “Consumer confidence increased in August following a moderate improvement in July,” said Lynn Franco, director of economic indicators at The Conference Board. “Consumers’ more buoyant assessment of present-day ...
Read More »Consumer confidence in business conditions at 16-year high
The Conference Board Consumer Confidence Index improved in July and now stands at 121.1. The Present Situation Index increased from 143.9 to 147.8 and the Expectations Index rose from 99.6 to 103.3. “Consumer confidence increased in July following a marginal decline in June,” said Lynn Franco, Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions remained ...
Read More »Economic Snapshot: Consumer confidence up from February
Consumer confidence has moved up and down from month to month since July 2015, but has hovered in the low to mid 90s. Consumer confidence Consumer confidence improved in March and now stands at 96.2. The Present Situation Index declined from 115.0 to 113.5, while the Expectations Index increased from 79.9 to 84.7. Consumers who said business conditions were “good” ...
Read More »Consumer confidence improves in December
The Consumer Confidence Index improved nearly 4 points to 96.5 in December, up from the moderate decline to 92.6 in November. The Present Situation Index rose from 110.9 to 115.3 in December and the Expectations Index increased from 80.4 to 83.9. “As 2015 draws to a close, consumers’ assessment of the current state of the economy remains positive, particularly their assessment ...
Read More »Consumer confidence falls nearly 9 points in November
NEW YORK – Consumer confidence declined to 90.4 in November. This is a sharp fall from an adjusted rate of 99.1 in October and marks the second consecutive month of declines for the index. “Consumer confidence retreated in November, following a moderate decrease in October,” said Lynn Franco, Director of Economic Indicators at The Conference Board. “The decline was mainly due to ...
Read More »Consumer confidence rebounds in August
After a decline in July, the Consumer Confidence Index rose sharply to 101.5 in August, the Conference Board reported. The Present Situation Index increased from 104.0 in July to 115.1 in August, the highest level for the index since November 2007. The Expectations Index increased from 82.3 in July to 92.5 in August. Nielsen, a leading global provider of information ...
Read More »Consumer confidence up for June
The Conference Board Consumer Confidence Index, which had improved moderately in May, increased further in June. The Index now stands at 101.4 (1985=100), up from 94.6 in May. The Present Situation Index increased from 107.1 last month to 111.6 in June, while the Expectations Index advanced to 94.6 from 86.2 in May. The monthly Consumer Confidence Survey, based on a ...
Read More »Consumer confidence increases in May
After declining in April, consumer confidence ticked up slightly in May, The Conference Board reported. The Index now stands at 95.4, up from 94.3 in April. Consumers are feeling better about present conditions, with the Present Situation Index increasing from 105.1 in April to 108.1 this month. The Expectations Index, which measures future expectations, declined slightly from 87.1 to 86.9. ...
Read More »Consumer confidence at lowest level of year
Consumer confidence dropped more than six points this month, to its lowest mark of the year, The Conference Board reported Tuesday. The Conference Board Consumer Confidence Index declined to 95.2 in April from 101.4 in March. It is still well ahead of last year’s numbers and only January, February and March of this year have seen higher numbers since the ...
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