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US Consumer Confidence: Impressive gains and election-year implications

US Consumer Confidence: Impressive gains and election-year implications

FromIndications


US Consumer Confidence: Impressive gains and election-year implications

FromIndications

ratings:
Length:
15 minutes
Released:
Jan 28, 2020
Format:
Podcast episode

Description

The Conference Board Consumer Confidence Index® (CCI) strengthened further in January 2020. At 131.6 (1985=100), the top-line index is back within sight of all-time highs approached last summer. With the trade conflicts and minor recession scares of 2019 largely behind us, expect the American consumer to be the unchallenged driver of economic growth through the first half of 2020—a full decade into the current expansion.   Lynn Franco, senior director of economic indicators, breaks down the forces behind this remarkable resilience. Then, she dives into the CCI's special relevance in presidential election years—including two distinct methods by which our data has predicted the reelection chances of incumbents. (Spoiler alert: The two approaches currently disagree on President Trump's chances.) Listen on Apple Podcasts  Listen on Google Podcasts The generational confidence gap by Dion Rabouin, AxiosThe Atlantic: How Capitalism Broke Young Adulthood by Derek Thompson, The Atlantic
Released:
Jan 28, 2020
Format:
Podcast episode

Titles in the series (99)

A serious conversation on the global economy grounded in the data, insights, and outlooks you need to stay ahead of the curve in business and beyond. The Conference Board is a leading think tank and non-profit business membership group that's been at the vanguard of navigating economic change since 1916. Our research ushered in the 8-hour workday; shaped policy during the Great Depression and both world wars; and facilitated the inclusion of women, minorities, and the disabled into the workforce. Indications puts our forward-thinking—and roster of leading thinkers—to bear on today's most pressing challenges: from global growth and competitiveness to human capital, sustainability, corporate governance, and more.