Inflation, supply-chain kinks and the continuing war in Ukraine continue to be serious concerns, but numerous companies with a global presence for exports are reporting optimism at the start of 2023.
A key measure of U.S. consumer confidence rose in December as the economy added 223,000 jobs, the smallest gain in two years. The Conference Board reported that its Consumer Confidence Index rose to 108.3 from 101.4 in November.
A key measure of U.S. consumer confidence declined in November amid continued high inflation and rising interest rates.
Consumer confidence rises again, but only slightly as experts project a recession in the coming quarters
The Department of Labor said the manufacturing and leisure-and-hospitality segments contributed to the gains.
The Federal Reserve increased interest rates by 75 basis points yesterday, but a boating/financial analyst says the lack of boat inventory remains a more significant problem.
Inflation and rising interest rates remain top of mind for consumers despite a strong labor market
Consumer spending is up, but so are inflation, housing prices, concerns about the war in Ukraine, and supply-chain disruptions from Covid-19 which are leading to mixed readings about consumer confidence
Major indexes declined sharply on Friday and Monday, as strict Covid lockdowns in China spooked investors.
Inflation, supply-chain kinks and the continuing war in Ukraine continue to be serious concerns, but numerous companies with a global presence for exports are reporting optimism at the start of 2023.
A key measure of U.S. consumer confidence rose in December as the economy added 223,000 jobs, the smallest gain in two years. The Conference Board reported that its Consumer Confidence Index rose to 108.3 from 101.4 in November.
A key measure of U.S. consumer confidence declined in November amid continued high inflation and rising interest rates.
Consumer confidence rises again, but only slightly as experts project a recession in the coming quarters
Several indicators foreshadow a rocky six months.
The Department of Labor said the manufacturing and leisure-and-hospitality segments contributed to the gains.
The Federal Reserve increased interest rates by 75 basis points yesterday, but a boating/financial analyst says the lack of boat inventory remains a more significant problem.
Inflation and rising interest rates remain top of mind for consumers despite a strong labor market
Consumer spending is up, but so are inflation, housing prices, concerns about the war in Ukraine, and supply-chain disruptions from Covid-19 which are leading to mixed readings about consumer confidence
Major indexes declined sharply on Friday and Monday, as strict Covid lockdowns in China spooked investors.
