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Consumer Confidence holds strong and steady in February—with Coronavirus fears lurking

Consumer Confidence holds strong and steady in February—with Coronavirus fears lurking

FromIndications


Consumer Confidence holds strong and steady in February—with Coronavirus fears lurking

FromIndications

ratings:
Length:
11 minutes
Released:
Feb 26, 2020
Format:
Podcast episode

Description

The Conference Board Consumer Confidence Index ticked up slightly in February, with further strengthening of expectations offsetting a pullback in consumers’ assessment of present conditions. The bottom line: American consumers remain historically confident—with their spending likely to drive continued economic growth through the first half of 2020. Could the ongoing COVID-19 coronavirus outbreak—which escalated globally after our February survey closed—grow into the “black swan” that finally disrupts years of positive trends?      Lynn Franco, senior director of economic indicators, explores the epidemic’s latest signals and downside risks—and explains how long the good times for consumers can continue as we approach November in an election year.   Listen on Apple Podcasts  Listen on Google Podcasts
Released:
Feb 26, 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.