consumer confidence

I have confidence in...

Callum Thomas

Just wanted to quickly share this chart - it shows consumer sentiment across developed and emerging economies (GDP weighted) using the Reuters/Ipsos Consumer Sentiment Indexes. The chart (from my latest report) shows a clear trend towards new highs in consumer confidence for developed economies, and while emerging markets stumbled in... Show More

Westpac Economics Weekly Video Update

Elliot Clarke

The combination of robust business conditions; another positive consumer sentiment report; and the very strong November labour force release gave significant weight to the RBA 'on hold' view this week. Increasingly, there is cause to be confident that consumption and non-mining investment will firm in 2016, supporting aggregate trend growth.... Show More

Nick Scali is one retailer that appears to have held up despite recent downgrades in the sector

Matt Felsman

Nick Scali is one retailer that appears to have held up despite recent downgrades in the sector. Coming into reporting season, furniture retailer Nick Scali Limited (ASX: NCK) appears unscathed by recent falls in consumer confidence. The company says it expects to report a 10% increase in revenues over the... Show More

Is rising consumer confidence a sign of investor confidence or complacency

Jay Soloff

Is rising consumer confidence a sign of investor confidence or complacency? Yesterday's Conference Board Consumer Confidence Index rose from 82.2 in May to 85.2 this month. That's the highest level since January 2008. The biggest driver of the June increase came from consumer's assessment of business conditions. The short-term outlook... Show More

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The US economy got another boost from durable goods orders and consumer confidence In a surprise result, April durable goods orders increased 0.8% from the...

Jay Soloff

The US economy got another boost from durable goods orders and consumer confidence In a surprise result, April durable goods orders increased 0.8% from the prior month. It's all the more unexpected because March durable goods increased by a robust 3.6% (revised upward). Economists had expected a 0.7% drop. The... Show More