By James Glynn SYDNEY–Consumer confidence in New Zealand rose by one point in August as the country’s central bank continued to indicate interest rates have peaked. Consumer confidence rose one point in August to 85.0, with the lift driven by an increase in the question of whether it is a good time to buy a major household item, which rose …
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The numbers: The index of U.S. consumer confidence dipped to 106.1 in August from a revised 114 in the prior month, the Conference Board said Tuesday. Economists polled by The Wall Street Journal had forecast a modest pullback to 116 from the initial reading of 117, which was the highest level in two years. The revised July reading was the …
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Index Erases Early Summer Gains, as Hot Labor Market Cools and High Interest Rates Bite NEW YORK, Aug. 29, 2023 /PRNewswire/ — The Conference Board Consumer Confidence Index® declined in August to 106.1 (1985=100), from a downwardly revised 114.0 in July. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—fell to 144.8 (1985=100) from 153.0. The Expectations …
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By James Glynn SYDNEY–Australian consumer confidence climbed in the last week but remains at levels below those seen in some of the worst days of the Covid-19 pandemic. Consumer confidence increased by 2.3 points last week, its sixth straight week in the narrow band between 75 points and 78.5 points, according to a survey by ANZ Bank and pollster Roy …
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