US Consumer Confidence Plunges to Record Low in December
US Consumer Confidence Plunges to Record Low in December
The US dollar edged slightly lower this morning on the release of the Conference Board’s consumer confidence survey, which reflected its worst readings since record-keeping began in 1967. Indeed, the index plunged to 38.0 in December from 47.7, with a breakdown of the survey showing a gloomy picture of […]
December Consumer Confidence Falls To A Record Low
December Consumer Confidence Falls To A Record Low
Consumer Confidence (Dec) Actual 38.0, Expected 45.2, Previous 44.9
Release Explanation: This is the Conference Board’s survey of consumer confidence regarding current and future economic conditions and inflation. The survey, based on reponses from about 5000 households, builds an economic picture of the mood of the economy’s consumer and […]
Japan Recession Deepening As Industrial Production Sees Record Drop, Jobless Rate Rises
Japan Recession Deepening As Industrial Production Sees Record Drop, Jobless Rate Rises
Japanese economic data points to a deepening recession in the world’s second largest economy. Industrial Production dropped by the most on record in November, household spending shrank for the ninth straight month, and the number of available jobs to seeking applicants […]