Political Capital

Posts tagged: consumer confidence

Shoppers at a dealership in New York City.

Photograph by Spencer Platt/Getty Images

Shoppers at a dealership in New York City.

Bloomberg by the Numbers: -30.1

The Bloomberg Consumer Comfort Index averaged minus 30.1 in the first three months of this year. That’s the strongest first-quarter rating for the consumer sentiment gauge since 2007, before the biggest economic downturn since the Great Depression took hold. The...

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A salesman assists a customer at the GEARYS Rodeo Drive Rolex Group store in Beverly Hills on Dec. 9, 2013.

Photographer: Patrick T. Fallon/Bloomberg

A salesman assists a customer at the GEARYS Rodeo Drive Rolex Group store in Beverly Hills on Dec. 9, 2013.

Bloomberg by the Numbers: -28.4

The Bloomberg Consumer Comfort Index rose to minus 28.4 in the week ended Jan. 5. The index, which asks Americans to rate the national economy, the buying climate and their personal finances, improved from minus 28.7. “Growing employment opportunities, higher...

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Koji Uehara #19 of the Boston Red Sox celebrates with David Ross #3 after recording the final out of a 3-1 win over the St. Louis Cardinals in the ninth inning of Game Five of the 2013 World Series on October 28, 2013 at Busch Stadium in St. Louis, Missouri.

Photograph by Michael Ivins/Boston Red Sox/Getty Images

Koji Uehara #19 of the Boston Red Sox celebrates with David Ross #3 after recording the final out of a 3-1 win over the St. Louis Cardinals in the ninth inning of Game Five of the 2013 World Series on October 28, 2013 at Busch Stadium in St. Louis, Missouri.

Confidence Hits a Home Run in Red Sox’s New England

Are prospects of the first World Series title at home in 95 years bolstering New England’s confidence? Sentiment in the Boston Red Sox region climbed 19.6 points to 83.8 in October, the biggest jump since April, according to the Conference Board’s...

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U.S. Park Rangers at the Lincoln Memorial on the National Mall on October 17, 2013 in Washington, DC.

Photograph by Brendan Smialowski/AFP via Getty Images

U.S. Park Rangers at the Lincoln Memorial on the National Mall on October 17, 2013 in Washington, DC.

Bloomberg by the Numbers: 47%

That’s the share of Americans who project the economy will worsen, according to the Bloomberg Consumer Comfort Index expectations gauge for October. That’s the largest such share since the collapse of Lehman Brothers Holdings Inc. in 2008, Bloomberg’s Ben Schenkel...

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Protesters demonstrate in front of the Capitol in Washington, DC, on October 3, 2013, urging congress to end the federal government shutdown.

Photograph by Jewel Samad/AFP via Getty Images

Protesters demonstrate in front of the Capitol in Washington, DC, on October 3, 2013, urging congress to end the federal government shutdown.

Bloomberg by the Numbers: -32

That’s Gallup’s U.S. Economic Confidence Index for Sept. 30-Oct. 2. Gallup’s index, which is based on Americans’ assessments of current economic conditions and perceptions of whether the economy is getting better or worse, fell 13 points from minus 19 on...

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Pedestrians are reflected in a shop window advertising "Prime Retail Space Available" in New York, on July 24, 2013.

Photograph by Scott Eells/Bloomberg

Pedestrians are reflected in a shop window advertising "Prime Retail Space Available" in New York, on July 24, 2013.

Politics Blur Consumer Confidence: Influence of Measures Lessened

The American public’s views of the economy are increasingly colored by politics, making consumer sentiment a less reliable gauge of the outlook for the spending that drives growth. Self-identified Democrats and Republicans surveyed for the Bloomberg Comfort Index are showing...

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An employee assembles a roller on the automated teller machine (ATM) production line at a manufacturing facility in Greensboro, North Carolina, on July 16, 2013.

Photograph by Ty Wright/Bloomberg

An employee assembles a roller on the automated teller machine (ATM) production line at a manufacturing facility in Greensboro, North Carolina, on July 16, 2013.

Jobless Rate Likely to Drop — Just Not Quickly

It’s becoming less difficult to find a job. That’s the best indication yet that the unemployment rate will keep falling, though not quickly. The share of Americans saying jobs are currently hard to get dropped to 33 percent this month,...

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Job seekers wait in line to meet with employers at the 25th Annual CUNY big Apple Job and Internship Fair in New York City.

Photograph by Spencer Platt/Getty Images

Job seekers wait in line to meet with employers at the 25th Annual CUNY big Apple Job and Internship Fair in New York City.

Bloomberg by the Numbers: 335,500

That’s the average number of people applying for unemployment benefits in the past four weeks, the least since November 2007. About 333,000 people made first-time jobless claims in the week ended Aug. 3, compared with 328,000, 345,000 and 336,000 in...

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Shoppers wait in line during the grand opening of the Fashion Outlets of Chicago mall in Rosemont, Illinois, on Aug. 1, 2013.

Photograph by Tim Boyle/Bloomberg

Shoppers wait in line during the grand opening of the Fashion Outlets of Chicago mall in Rosemont, Illinois, on Aug. 1, 2013.

Bloomberg by the Numbers: -27

That’s the Bloomberg Consumer Comfort Index for the week ended July 28, the strongest reading in 5 ½ years. The index — ranging from 100 to minus 100 and based on Americans’ views about the economy, their personal finances and...

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