#consumer-confidence

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#google-lens

Google Lens For In-Store Searches

Google Lens enhances in-store shopping by providing product insights through image recognition.

Google Lens will now help you decide what to buy in-store

Google Lens enhances shopping by providing in-store product details through image recognition technology, improving customer confidence while purchasing.

Google Lens For In-Store Searches

Google Lens enhances in-store shopping by providing product insights through image recognition.

Google Lens will now help you decide what to buy in-store

Google Lens enhances shopping by providing in-store product details through image recognition technology, improving customer confidence while purchasing.
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#federal-reserve

We're not in a recession. So why does it feel like we are?

The U.S. economy is surprisingly stable with promising indicators, although public sentiment does not reflect this positivity.

Mortgage rates drop to lowest level of 2024

The 30-year fixed-rate mortgage hit a new low of 6.62% in 2024, influenced by the expectation of a Federal Reserve interest rate cut in September.

There's a new reason people feel bad about the economy

Consumer confidence dropped significantly in September due to concerns about the labor market overshadowing inflation worries.

Things are looking up for the economy. So why are consumers still unhappy?

Despite economic indicators showing improvement, consumer confidence has taken a significant hit, reflecting a disconnect between data and public sentiment.

The Fed Must Have Confident Consumers

The Federal Reserve prioritizes maintaining consumer confidence to prevent economic chaos.

Dollar steady as market anticipates fewer rate cuts - London Business News | Londonlovesbusiness.com

The U.S. dollar stabilized as traders reassess positions due to economic data and political developments influencing Federal Reserve policy.

We're not in a recession. So why does it feel like we are?

The U.S. economy is surprisingly stable with promising indicators, although public sentiment does not reflect this positivity.

Mortgage rates drop to lowest level of 2024

The 30-year fixed-rate mortgage hit a new low of 6.62% in 2024, influenced by the expectation of a Federal Reserve interest rate cut in September.

There's a new reason people feel bad about the economy

Consumer confidence dropped significantly in September due to concerns about the labor market overshadowing inflation worries.

Things are looking up for the economy. So why are consumers still unhappy?

Despite economic indicators showing improvement, consumer confidence has taken a significant hit, reflecting a disconnect between data and public sentiment.

The Fed Must Have Confident Consumers

The Federal Reserve prioritizes maintaining consumer confidence to prevent economic chaos.

Dollar steady as market anticipates fewer rate cuts - London Business News | Londonlovesbusiness.com

The U.S. dollar stabilized as traders reassess positions due to economic data and political developments influencing Federal Reserve policy.
morefederal-reserve
#uk-economy

Consumer confidence rises as inflation eases

UK consumer confidence has improved in October, nearing a 37-month high.

UK consumer confidence falls sharply amid fears of painful' budget

Consumer confidence in the UK is at its lowest since March amid concerns over upcoming government budget plans.

UK consumer confidence hit by budget gloom; Elon Musk not invited to UK investment summit' business live

UK consumer confidence has deteriorated amidst fears of tax rises in the upcoming budget.

Chancellor makes switch from pain to gain

The Chancellor's speech marks a clear shift from austerity to a focus on long-term economic growth through investment and public spending.

Company insolvencies remain high and the outlook remains bleak for many businesses - London Business News | Londonlovesbusiness.com

Company insolvencies in England and Wales decreased in October 2024, but historical levels remain concerning amidst economic challenges.
The economic outlook for businesses is bleak, given rising costs and stagnant growth.

Household confidence in UK economy wanes after six months of growth

UK household confidence in the economy has declined for the first time in six months, amid growing concerns about the economic outlook.

Consumer confidence rises as inflation eases

UK consumer confidence has improved in October, nearing a 37-month high.

UK consumer confidence falls sharply amid fears of painful' budget

Consumer confidence in the UK is at its lowest since March amid concerns over upcoming government budget plans.

UK consumer confidence hit by budget gloom; Elon Musk not invited to UK investment summit' business live

UK consumer confidence has deteriorated amidst fears of tax rises in the upcoming budget.

Chancellor makes switch from pain to gain

The Chancellor's speech marks a clear shift from austerity to a focus on long-term economic growth through investment and public spending.

Company insolvencies remain high and the outlook remains bleak for many businesses - London Business News | Londonlovesbusiness.com

Company insolvencies in England and Wales decreased in October 2024, but historical levels remain concerning amidst economic challenges.
The economic outlook for businesses is bleak, given rising costs and stagnant growth.

Household confidence in UK economy wanes after six months of growth

UK household confidence in the economy has declined for the first time in six months, amid growing concerns about the economic outlook.
moreuk-economy
#economic-outlook

Consumer confidence plummets as Labour warned over recession fears

Consumer confidence has declined significantly, driven by apprehensions about economic policy and potential tax increases, raising recession fears in Britain.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence surged 25% in September, contrasting sharply with a declining national outlook.
'Expectations' measurement shows significant optimism among Californians, reaching a 30-month high.

Consumer confidence soars to a 6-month high in August

Consumer confidence is at a six-month high amid optimism, yet concerns about the labor market are rising due to increased unemployment.

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have diminished consumer confidence and could lead to reduced growth in private sector pay next year.

California's economic anxieties at heights last seen in 2013

California consumers' financial worries match levels from over a decade ago despite the economy showing signs of improvement.

Uncertainty over tax rises impacting consumer spending, warns Sainsbury's boss

Consumer uncertainty about potential tax increases is curbing significant purchases, especially on non-essentials.
Clarity in fiscal policies is essential for restoring consumer confidence according to Sainsbury's CEO.

Consumer confidence plummets as Labour warned over recession fears

Consumer confidence has declined significantly, driven by apprehensions about economic policy and potential tax increases, raising recession fears in Britain.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence surged 25% in September, contrasting sharply with a declining national outlook.
'Expectations' measurement shows significant optimism among Californians, reaching a 30-month high.

Consumer confidence soars to a 6-month high in August

Consumer confidence is at a six-month high amid optimism, yet concerns about the labor market are rising due to increased unemployment.

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Tax rises in the budget have diminished consumer confidence and could lead to reduced growth in private sector pay next year.

California's economic anxieties at heights last seen in 2013

California consumers' financial worries match levels from over a decade ago despite the economy showing signs of improvement.

Uncertainty over tax rises impacting consumer spending, warns Sainsbury's boss

Consumer uncertainty about potential tax increases is curbing significant purchases, especially on non-essentials.
Clarity in fiscal policies is essential for restoring consumer confidence according to Sainsbury's CEO.
moreeconomic-outlook
#economy

Why It's So Hard for China to Fix Its Ailing Economy

China's economy faces a significant crisis, marked by a drastic fall in consumer optimism and substantial challenges in the property sector.

Why Are People So Down About the Economy? Theories Abound.

Americans feel negativity towards the economy despite optimistic indicators like job market and consumer spending.

Trump bump' fades, but consumer strength may propel stock market

Consumer confidence is rising, supported by job growth and higher wages, despite inflation concerns.
The post-election market rally indicates strong economic sentiment and a favorable outlook among investors.

Americans Feel Better About the Economy. Will That Help Biden?

Americans are feeling more confident about the economy than they have in years, with increasing expectations of decreasing inflation and moderating interest rates.
The recent surge in consumer sentiment could bolster President Biden's chances of re-election and pose a challenge to former President Trump's economic record.

August retail sales, consumer spending remains robust - London Business News | Londonlovesbusiness.com

Retail sales in Great Britain rose by 1% in August 2024, exceeding expectations and boosted by strong food and clothing sales.

Business owner 'obviously worried' about Budget

Concerns about National Insurance increases may hinder small business growth and hiring, emphasizing the need for supportive government measures.

Why It's So Hard for China to Fix Its Ailing Economy

China's economy faces a significant crisis, marked by a drastic fall in consumer optimism and substantial challenges in the property sector.

Why Are People So Down About the Economy? Theories Abound.

Americans feel negativity towards the economy despite optimistic indicators like job market and consumer spending.

Trump bump' fades, but consumer strength may propel stock market

Consumer confidence is rising, supported by job growth and higher wages, despite inflation concerns.
The post-election market rally indicates strong economic sentiment and a favorable outlook among investors.

Americans Feel Better About the Economy. Will That Help Biden?

Americans are feeling more confident about the economy than they have in years, with increasing expectations of decreasing inflation and moderating interest rates.
The recent surge in consumer sentiment could bolster President Biden's chances of re-election and pose a challenge to former President Trump's economic record.

August retail sales, consumer spending remains robust - London Business News | Londonlovesbusiness.com

Retail sales in Great Britain rose by 1% in August 2024, exceeding expectations and boosted by strong food and clothing sales.

Business owner 'obviously worried' about Budget

Concerns about National Insurance increases may hinder small business growth and hiring, emphasizing the need for supportive government measures.
moreeconomy

These are the retailers offering Black Friday guarantees

Retailers now offer Black Friday guarantees, allowing for price matching and refunds if prices drop after purchase, reducing buying anxiety.
#luxury-goods

Global luxury goods market expected to shrink in 2025

Global luxury goods sales are expected to decline in 2025 for the first time since the Great Recession.

It looks like the glory days of luxury are over for LVMH, at least for now

LVMH experienced a 3% decline in sales, primarily due to decreased luxury demand from Chinese consumers.

Experts say Trump's tariffs could corrode the already struggling luxury-goods market, which is expected to shrink for the first time since the Great Recession

Global sales of personal luxury goods are expected to shrink in 2025, potentially impacted by tariffs and global economic challenges.

Global luxury goods market expected to shrink in 2025

Global luxury goods sales are expected to decline in 2025 for the first time since the Great Recession.

It looks like the glory days of luxury are over for LVMH, at least for now

LVMH experienced a 3% decline in sales, primarily due to decreased luxury demand from Chinese consumers.

Experts say Trump's tariffs could corrode the already struggling luxury-goods market, which is expected to shrink for the first time since the Great Recession

Global sales of personal luxury goods are expected to shrink in 2025, potentially impacted by tariffs and global economic challenges.
moreluxury-goods

Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah?

Voters are focused on the economy but remain pessimistic despite positive indicators like low inflation and healthy job growth.

Ray of hope': German economy grows 0.2% ending recession fears

Germany's economy grew 0.2% in Q3, alleviating recession fears and lifting eurozone growth.

Market thoughts: A jolt from the JOLTS report - London Business News | Londonlovesbusiness.com

September JOLTS data indicates significant labor market shifts influenced by external weather events, revealing complexity in interpreting employment statistics.
#sales-decline

McDonald's says E. coli outbreak linked to Quarter Pounder hit sales

McDonald's faces challenges with sales and customer visits declining due to health concerns but aims to restore consumer confidence swiftly.

China's luxury market has been in a slump, and we're about to find out how bad it really is

China's luxury market faces its worst quarter in four years, despite aggressive stimulus measures.

McDonald's says E. coli outbreak linked to Quarter Pounder hit sales

McDonald's faces challenges with sales and customer visits declining due to health concerns but aims to restore consumer confidence swiftly.

China's luxury market has been in a slump, and we're about to find out how bad it really is

China's luxury market faces its worst quarter in four years, despite aggressive stimulus measures.
moresales-decline
#economic-trends

California bankruptcies jump 25% in a year to 4-year high

Californians are facing increased financial stress, indicated by a rise in bankruptcy filings and foreclosures this summer.

House prices rise for the first time in three months

UK house prices rose by 0.4% in May following a drop in April, with an annual growth rate of 1.6%. Consumer confidence attributed to increased wages and decreased inflation.

Welcome to the 'treat yourself' economy - where skincare and long hair rule

An increase in personal care spending indicates a growing consumer confidence and a shift towards indulgent purchases following economic challenges.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence rebounded sharply in September, marking a notable contrast to declining national trends.

Grey summer ends with 1.3% growth for hospitality groups in August - London Business News | Londonlovesbusiness.com

UK hospitality groups saw a small sales growth of 1.3% in August 2024, despite disappointing weather and ongoing economic challenges.

California bankruptcies jump 25% in a year to 4-year high

Californians are facing increased financial stress, indicated by a rise in bankruptcy filings and foreclosures this summer.

House prices rise for the first time in three months

UK house prices rose by 0.4% in May following a drop in April, with an annual growth rate of 1.6%. Consumer confidence attributed to increased wages and decreased inflation.

Welcome to the 'treat yourself' economy - where skincare and long hair rule

An increase in personal care spending indicates a growing consumer confidence and a shift towards indulgent purchases following economic challenges.

California confidence rebounds to 19-month high vs. big US dip

California's consumer confidence rebounded sharply in September, marking a notable contrast to declining national trends.

Grey summer ends with 1.3% growth for hospitality groups in August - London Business News | Londonlovesbusiness.com

UK hospitality groups saw a small sales growth of 1.3% in August 2024, despite disappointing weather and ongoing economic challenges.
moreeconomic-trends
#economic-uncertainty

Is gold facing a historic peak or an imminent correction? - London Business News | Londonlovesbusiness.com

Gold prices have soared to a record high due to declining consumer confidence and economic uncertainties, raising questions about sustainability and future trends.

UK retail sales rise unexpectedly in September despite economic uncertainties

UK retail sales rose unexpectedly in September as consumers increased spending on technology despite economic uncertainties.

Is gold facing a historic peak or an imminent correction? - London Business News | Londonlovesbusiness.com

Gold prices have soared to a record high due to declining consumer confidence and economic uncertainties, raising questions about sustainability and future trends.

UK retail sales rise unexpectedly in September despite economic uncertainties

UK retail sales rose unexpectedly in September as consumers increased spending on technology despite economic uncertainties.
moreeconomic-uncertainty
from www.housingwire.com
1 month ago

Home purchase sentiment hits highest level in two years

Consumer confidence in home buying is at a two-year high but skepticism remains due to rising home prices.
#economic-indicators

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

U.S. stocks set record highs due to China's economic stimulus and AI advancements, despite a decline in consumer confidence signaling potential recession risks.

California consumer confidence plummets to 4-year low

California consumers are facing their lowest sentiment in four years, signaling deep economic concerns amidst rising interest rates and unemployment.

Consumer confidence drops to its lowest level in nearly two years as Americans fret over their financial futures

U.S. consumer confidence declined for the third consecutive month, driven by concerns about short-term financial prospects amid elevated prices and interest rates.

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

U.S. stocks set record highs due to China's economic stimulus and AI advancements, despite a decline in consumer confidence signaling potential recession risks.

California consumer confidence plummets to 4-year low

California consumers are facing their lowest sentiment in four years, signaling deep economic concerns amidst rising interest rates and unemployment.

Consumer confidence drops to its lowest level in nearly two years as Americans fret over their financial futures

U.S. consumer confidence declined for the third consecutive month, driven by concerns about short-term financial prospects amid elevated prices and interest rates.
moreeconomic-indicators

Augmented Reality Marketing: Benefits, Use Cases, Examples (2024) - Shopify

Augmented reality enhances online shopping experiences by allowing customers to interact with products virtually, increasing their confidence and boosting conversion rates.

Gold nears highs as market anticipates Fed rate cuts - London Business News | Londonlovesbusiness.com

Gold remains strong due to expectations for monetary easing and rising geopolitical tensions, which support its safe-haven status.

PPG and Glidden Declare Purple Basil as 2025 Color of the Year

Purple Basil is gaining popularity as consumers embrace bold colors that reflect their personal joy and style.
#economic-policy

UK debt hits 100% of GDP, the highest level since 1960s

UK national debt has hit 100% of GDP, marking the highest level since the 1960s and posing significant challenges for the government.

The Guardian view on Rachel Reeves' speech: when troubling evidence can't be wished away | Editorial

Rachel Reeves is shifting from a cautious approach to a more optimistic governmental vision for economic recovery.
Her speech reflects Labour's intent to regain consumer confidence and redefine fiscal policy.

UK debt hits 100% of GDP, the highest level since 1960s

UK national debt has hit 100% of GDP, marking the highest level since the 1960s and posing significant challenges for the government.

The Guardian view on Rachel Reeves' speech: when troubling evidence can't be wished away | Editorial

Rachel Reeves is shifting from a cautious approach to a more optimistic governmental vision for economic recovery.
Her speech reflects Labour's intent to regain consumer confidence and redefine fiscal policy.
moreeconomic-policy
#retail-sales

Mexican Peso keeps going down - London Business News | Londonlovesbusiness.com

The Mexican peso is declining significantly, influenced by both U.S. economic weakness and domestic challenges.

July boost in Canadian retail sales welcome, but more rate cuts needed: analysts | CBC News

July retail sales rose 0.9%, but lasting growth needs further interest rate cuts according to economists.

China's economic growth slows amid weak retail spending

Pressure on Beijing to address weak consumer confidence affecting Chinese economic growth.

June sees retail sales return to growth, but high street sales lag behind - London Business News | Londonlovesbusiness.com

Total retail sales grew by +3.2% in June, driven mainly by online sales, highlighting the ongoing struggle of high street stores.

Mexican Peso keeps going down - London Business News | Londonlovesbusiness.com

The Mexican peso is declining significantly, influenced by both U.S. economic weakness and domestic challenges.

July boost in Canadian retail sales welcome, but more rate cuts needed: analysts | CBC News

July retail sales rose 0.9%, but lasting growth needs further interest rate cuts according to economists.

China's economic growth slows amid weak retail spending

Pressure on Beijing to address weak consumer confidence affecting Chinese economic growth.

June sees retail sales return to growth, but high street sales lag behind - London Business News | Londonlovesbusiness.com

Total retail sales grew by +3.2% in June, driven mainly by online sales, highlighting the ongoing struggle of high street stores.
moreretail-sales

California legal weed industry in tumult after Times pesticide investigation

California's cannabis industry is in turmoil due to pesticide contamination scandals, leading to a decline in consumer confidence and legal market sales.

Over the Years, He Has Come to Love Watches

The Swiss watch industry is facing significant challenges in 2024 due to declining exports to China and Hong Kong.

UK trust in banks trails Europe and the US, with concerns over safety of financial information - London Business News | Londonlovesbusiness.com

UK consumers exhibit low trust levels in banks regarding data security, with only 53% expressing confidence.
Younger UK adults (18-34) show the least trust in banks, impacting their data-sharing willingness.

California consumer confidence plummets to 4-year low

California consumers' confidence is at its lowest since May 2020, reflecting widespread economic concern and a significant decline compared to pre-pandemic levels.

Campaign across the UK cycling industry aims to increase e-bike battery safety

The 'e-bike positive' campaign aims to enhance e-bike battery safety awareness and boost consumer confidence in e-bike purchases.
#interest-rates

Gold touches $2,500 an ounce - London Business News | Londonlovesbusiness.com

Gold reached historic highs of $2,500 per ounce due to economic uncertainty and weakened US indicators.
Consumer confidence increased despite a struggling economy, suggesting potential resilience in spending.

Company insolvencies fell in May - London Business News | Londonlovesbusiness.com

Insolvencies in England and Wales decreased by 6% from the previous month and are 21% lower compared to the same period last year.

Australian Consumer Pessimism Stretches Into 2024

Consumer confidence in Australia remains weak in 2024
Concerns about rising interest rates have eased

Gold touches $2,500 an ounce - London Business News | Londonlovesbusiness.com

Gold reached historic highs of $2,500 per ounce due to economic uncertainty and weakened US indicators.
Consumer confidence increased despite a struggling economy, suggesting potential resilience in spending.

Company insolvencies fell in May - London Business News | Londonlovesbusiness.com

Insolvencies in England and Wales decreased by 6% from the previous month and are 21% lower compared to the same period last year.

Australian Consumer Pessimism Stretches Into 2024

Consumer confidence in Australia remains weak in 2024
Concerns about rising interest rates have eased
moreinterest-rates

Consumer Confidence: What It is & How It Works

Gaining consumer confidence is vital for brand success, affecting buying decisions and business growth.

Logistics Report: Shein's U.S. Strategy Unraveling; Activist Investor Targets Forward Air

Consumer confidence in the US rose in May after months of decline.
Supply chains face various challenges such as port congestion, delays, and pirate attacks.
Companies like Toyota and Bank of America are focusing on sustainability and efficiency in their operations.
Global shipping industry updates include changes in ownership and delays in key ports.

FTSE 100 retreats after striking another intraday record

FTSE 100 rally halted by global pessimism, despite strong initial gains from companies like Whitbread and HSBC.
US consumer confidence data impact main indexes, while a China factory activity slowdown affects European trading.
#inflation

Many food prices falling as Foodservice Price Index hits a 28-month low - London Business News | Londonlovesbusiness.com

Inflation in the foodservice sector dropped, mirroring trends in the Consumer Prices Index, indicating a return towards pre-pandemic stability and reflecting positively on future planning and consumer confidence.

Halfords full year results hits reverse gear - London Business News | Londonlovesbusiness.com

Halfords annual profits down 18.3%, Autocentres business shining amidst tough tyre market

German consumer confidence hits two-year high DW 04/25/2024

German consumer confidence rose by 3.1 points to -24.2 in May, attributed to wage increases and declining inflation.
The survey reflects increased purchasing power, but still lower than pre-pandemic levels, amidst rising energy prices in Germany.

Many food prices falling as Foodservice Price Index hits a 28-month low - London Business News | Londonlovesbusiness.com

Inflation in the foodservice sector dropped, mirroring trends in the Consumer Prices Index, indicating a return towards pre-pandemic stability and reflecting positively on future planning and consumer confidence.

Halfords full year results hits reverse gear - London Business News | Londonlovesbusiness.com

Halfords annual profits down 18.3%, Autocentres business shining amidst tough tyre market

German consumer confidence hits two-year high DW 04/25/2024

German consumer confidence rose by 3.1 points to -24.2 in May, attributed to wage increases and declining inflation.
The survey reflects increased purchasing power, but still lower than pre-pandemic levels, amidst rising energy prices in Germany.
moreinflation

Consumer confidence in current economic conditions

Consumer confidence surveys can provide valuable insights into consumer sentiment and spending habits.
The University of Michigan's Index of Consumer Sentiment and the Conference Board's Consumer Confidence Survey have diverged in their estimates in recent years.

Amazon Set for Significant Expansion in Cloud and Retail, Analyst Foresees 2024 Boom - Amazon.com (NASDAQ:AMZN)

Consumer confidence levels are diverging between the US and China Internet sectors in 2024.
Mizuho analyst James Lee recommends investors play offense in the US Internet sector, with Amazon being his top pick.

Is America's Ultra-Processed Diet That Bad? Big Food Fights Back

Ultra-processed foods are causing concern in the food industry
Manufacturers worry about the impact on U.S. food policy and consumer confidence

The future of over half of SME's businesses hang in the balance

Over half of SME owners will have to close or put plans on hold if they don't have a successful festive trading period.
The festive period is vital for SMEs, with 20% of annual takings occurring during this time.

US markets navigate uncertainty amidst inflation data and holiday sales

US futures are down amid uncertainty over inflation data and monetary policy forecasts.
Consumer confidence data and Federal Reserve speeches are in focus today.
Investors are closely watching consumer spending data and online shopping trends.

The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items

China's largest online sales are experiencing a decrease in revenue due to consumer hesitancy and economic challenges.

Logistics Report: Deepening Red Sea Shipping Crisis; California's Disrupted Water Supply

U.S. imported goods cost fell significantly in May.
Consumer confidence in the U.S. hits a low point.
Companies are shifting production locations due to tariffs and supply chain shifts.
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