Indonesia s consumer optimism grows in May - World News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
Retail Furniture News: Monthly Furniture Insights Report From Smith Leonard, "It seems that for once the industry has performed at or above most others for maybe one of the first times in recent history."
A Rising Tide
A robust economy and positive outlook among consumers and businesses continue to pilot the ship toward pre-pandemic normalcy
Author:
Jonathan Hough
A prime measure of consumer confidence soared in April as the number of fully vaccinated Americans rose above the 100 million milestone.
The Conference Board reported that its Consumer Confidence Index rose to 121.7 from a revised 109.0 in March and was at a 14-month high.
“Consumers’ assessment of current conditions improved significantly in April, suggesting the economic recovery strengthened further in early Q2,” Lynn Franco, senior director of economic indicators at The Conference Board, stated in a press release. “Consumers’ optimism about the short-term outlook held steady [as] consumers were more upbeat about their income prospects, perhaps due to the improving job market and the recent round of stimulus checks. Short-term inflation expectations held steady in April but remain elevated. Vaca
Consumer confidence is colliding with rising prices. On Friday, we learned the personal consumption expenditure (PCE) price index was up 3.6% year-over-year in April. The core PCE price index, which excludes food and energy, was up 3.1%, the biggest jump in this index since 1992. Similar to how they reacted to the hot April consumer price index (CPI) report, economists were quick to note this increase was largely due to temporary anomalies tied.