13 min listen
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)
Consumer Confidence at a Time of Coronavirus: fell sharply in March 2020, led by a nearly 20-point decline in the Expectations Index—among the largest one-month drops ever. Lynn Franco, Senior Director of Economic Indicators, explains how the rapid intensification of COVID-19 has fueled... by Indications