NEW YORK, Nov. 24, 2020 The Conference Board Consumer Confidence Index® declined in November, after remaining relatively flat in October. The monthly Consumer Confidence Survey®, based on a probability-design random sample, is conducted for The Conference Board by Nielsen (NLSN), a leading global provider of information and analytics around what consumers buy and watch.
NEW YORK, Nov. 19, 2020 The Conference Board Leading Economic Index® for the U.S. increased 0.7 percent in October to 108.2, following a 0.7 percent increase in September and a 1.6 percent increase in August. "The US LEI rose again in October, with widespread improvements despite weakness from housing permits and consumers' outlook on economic conditions.
CAMBRIDGE, Mass. Forrester (FORR) expects US online holiday sales to reach $173 billion this year, up from $139 million in 2019. "The pandemic continues to change consumer behavior, and we have seen a significant boost in online sales this year," said Sucharita Kodali, VP and principal analyst at Forrester.
NEW YORK, Nov. 9, 2020 The Conference Board Employment Trends Index increased in October, the sixth consecutive monthly increase since May. The index now stands at 97.57, up from 96.33 in September. "While the Employment Trends Index increased in October, this month marks the smallest increase in the index since May," said Gad Levanon, Head of The Conference Board Labor Markets Institute.
NEW YORK, Oct. 30, 2020 Despite the economic fallout from COVID-19, consumers are entering this holiday season intending to spend about $673, according to an estimate from The Conference Board. Moreover, the continued inclination to stay at home will bode well for e-commerce: 52 percent of consumers say they plan to make at least half of their purchases online, compared with 42 percent last year.
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