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.

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.

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.

Consumer Confidence Stabilizes After Spring Freefall

Consumers took a deep breath in May, and it showed. The Conference Board, New York, reported its Consumer Confidence Index held steady in May, following sharp declines in March April that saw it drop to its lowest level in six years.

Labor Dept. Reports 2.4 Million New Jobless Claims; Total Now 38.6 Million

Another 2.4 million Americans filed initial jobless claims last week, the Labor Department reported yesterday, bringing to 38.6 million workers who have applied for unemployment assistance since the coronavirus pandemic clobbered the U.S. economy nine weeks ago.