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Tag Archives: consumers

Consumer confidence at five-year high in June

WASHINGTON — Americans’ confidence in the economy rose to its highest level in more than five years, bolstered by a more optimistic outlook for hiring. The Conference Board, a New York-based private research group, said Tuesday that its consumer confidence ...

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Retail sales jump 0.6 percent in May on autos

WASHINGTON — Americans stepped up purchases at retail businesses in May, spending more on cars, home improvements and sporting goods. The gain shows consumers remain resilient despite higher taxes and could drive faster growth later this year. The Commerce Department ...

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Manufacturing gauge sinks to June 2009 level

WASHINGTON — A measure of U.S. manufacturing fell in May to its lowest level since June 2009 as slumping overseas economies and weak business spending reduced new orders and production. The Institute for Supply Management said Monday that its index ...

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Consumer confidence rises in May to 5-year high

WASHINGTON — Americans’ confidence in the economy jumped in May to a five-year high, lifted by a better outlook for hiring, rising home prices and more optimism about business conditions. The increase suggests consumers may keep boosting economic growth this ...

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