The Conference Board, New York, said its Consumer Confidence Index declined slightly in October, following a sharp September increase.
Tag: Tim Quinlan
Initial Jobless Claims Remain Stubbornly High
Initial claims for unemployment insurance fell slightly last week, the Labor Department reported yesterday, but only after an upward revision from the previous week’s numbers.
September Consumer Confidence Rebounds from 6-Year Low
The Conference Board, New York, said its September Consumer Confidence Index posted its strongest one-month increase in 17 years, after falling in July and August to a six-year low.
Consumer Confidence Falls to 6-Year Low
The Conference Board, New York, reported its Consumer Confidence Index fell for the second straight month in August to a six-year low.
Initial Claims Fall Under 1 Million, Remain Historically Elevated
For the first time since the economic effects of the coronavirus took hold, new applications for unemployment fell below one million, although they remain elevated by historic standards.
July Consumer Confidence Dips Amid Coronavirus Resurgence
The Conference Board, New York, said its Consumer Confidence Index fell for the third time in four months in July, amid growing concerns over the resurgence of COVID-19 nationwide.
Unemployment Claims Top 1M for 16th Consecutive Week
The good news: initial claims fell for the 14th consecutive week, the Labor Department said yesterday. The bad news: despite the decrease, initial claims topped one million for the 14th consecutive week and look as if they will continue to do so for several more weeks.
Consumer Confidence Show Signs of Life Following Bumpy Spring
The Conference Board, New York, said its Consumer Confidence Index increased in June, after virtually no change in May and sharp drops in March and April.
Americans File 1.54 Million More Initial Claims
More than 1.5 million Americans filed new claims for unemployment insurance during the first week of June, the Labor Department reported Thursday—the lowest level since the start of the coronavirus pandemic but still well above historic norms.
Americans File 1.9 Million Initial Claims; 11-Week Total at 42.6 Million
The positive news is initial unemployment claims fell for the ninth consecutive week. The not-so-positive: nearly 28 percent of Americans who had jobs in February are now out of work.