Political Capital

Posts tagged: consumer confidence

Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Photograph by Victor J. Blue/Bloomberg

Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Bloomberg by the Numbers: 90.9

The Conference Board’s consumer confidence index rose to 90.9 this month, the highest since October 2007. The index rose from a revised 86.4 in June. “Obviously the 2.5 million jobs the economy racked up in the last year is making...

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New home in Los Angeles, California on March 19, 2014.

Photograph by Patrick T. Fallon/Bloomberg

New home in Los Angeles, California on March 19, 2014.

Bloomberg by the Numbers: 83

The Conference Board’s consumer confidence index advanced to 83 this month. The index improved from 81.7 in April to its second-highest level since 2008, when a credit crisis took hold. “It looks like we’re getting a little bit of momentum....

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Auto mechanics at a small shop in the Queens borough of New York City.

Photograph by Andrew Burton/Getty Images

Auto mechanics at a small shop in the Queens borough of New York City.

Bloomberg by the Numbers: 95.2

The National Federation of Independent Business’s Small Business Optimism Index rose to 95.2 last month, a post-recession high. The index improved from 93.4 in March to its highest level since 2007, before a credit crisis took hold. While the NFIB...

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Students training to become electrical linemen ascend poles during class at Los Angeles Trade-Technical College on March 12, 2014.

Photograph by Patrick T. Fallon/Bloomberg

Students training to become electrical linemen ascend poles during class at Los Angeles Trade-Technical College on March 12, 2014.

Bloomberg by the Numbers: 4.6

On its current trendline, the Bloomberg Consumer Comfort Index would reach its pre-recession level in 4.6 years. Based on its growth rate since June 2009, when the recession officially ended, the index would finally reach its pre-recession reading of 45.3...

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A job fair attendee  in Los Angeles.

Photograph by Patrick T. Fallon/Bloomberg

A job fair attendee in Los Angeles.

Jobs Euphoria? Americans Not Feeling it

Before we get too optimistic about Friday’s jobs report, consumers are taking some air out of the balloon. The New York-based Conference Board today reported that its consumer confidence index slipped in April from a six-year high a month earlier....

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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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