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The monthly Consumer Confidence survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. Consumers’ appraisal of current conditions was more positive in September. There are other sentiment indicators that can sometimes be confused with the Consumer Sentiment report or used in conjunction with it, such as the University of Michigan Sentiment Report, and some investors will try to average the two reports to Retired Investors: Apply A Value Investing Strategy And Earn More Income And Higher Returns | Seeking Alpha get their own sense of consumer sentiment. A survey of consumer attitudes concerning both the present situation and expectations regarding economic conditions conducted by the University of Michigan. Please note that this report is released twice per month. This may account for discrepancies between the 'Prior' column and HP. Please visit the Consumer Measures page to learn more about detailed consumer confidence data and CEO confidence data. The cut-off date for the preliminary results was September 17.
We look at this closely watched economic indicator to see what it means and how it's calculated. Here is the chart from that post.
The.fficial release time is 10:00. Thus, while consumers view current economic conditions more favourably, they do not foresee growth accelerating in the months ahead.” Consumers’ appraisal of current conditions was more positive in September. There are no real data sets here, and people are not economists, so they cannot be counted on to realize that, for example, because petrol prices may only represent 5% of their expenses, they should not sour their entire economic outlook. Here is the chart from that post. You may not use Our Trademarks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether The Conference Board is the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us. There are three separates headline figures: more one for how people feel currently Index of Consumer Sentiment, one for how they feel the general economy is going Current Economic Conditions, and the third for how they see things in six months' time Index of Consumer Expectations . The portion saying jobs are “plentiful” climbed to 25.1% from 22.1%, though the ranks of those stating jobs are “hard to get” also increased, to 24.3% from 21.7%. Those anticipating more jobs in the months ahead was virtually unchanged at 15.0 percent, while those anticipating fewer jobs increased from 14.5 percent to 15.8 percent.