Consumer confidence

FILE - In this April 21, 2020, file photo, a man rides his bike on Waikiki Beach in Honolulu. The coronavirus pandemic has been particularly brutal to the tourism-dependent economies of Nevada and Hawaii, lifting the unemployment rate in both states to about one-quarter of the workforce. (AP Photo/Caleb Jones, File)
May 26, 2020 - 2:07 pm
WASHINGTON (AP) — U.S. consumer confidence inched up this month, showing signs of stabilizing, but remained near a six-year low in the face of the widespread business shutdowns that have sent the economy into recession. The Conference Board said Tuesday that its confidence index ticked up to a...
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A woman wearing a protective mask walks past a closed children's clothing store in the Hispanic, Little Village in Chicago, Wednesday, April 15, 2020. The first U.S. economic indicators to capture the devastation brought on by the pandemic have begun to arrive, showing a plunge in retail sales exceeding what happened during the economic crisis a decade ago. (AP Photo/Charles Rex Arbogast)
April 15, 2020 - 5:53 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus. ________________________ NUMBERS TELL A GRIM STORY: Data just emerging paints a...
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In this Thursday, March 19, 2020, photo, a pedestrian walks past a storefront for rent on Madison Avenue, in New York. Long before there was a global pandemic, brick-and-mortar retailers struggled to resonate as shoppers increasingly made their purchases online. Now, they're faced with an even more daunting task of staying on people's minds and pocketbooks in the midst of the new coronavirus. (AP Photo/Mary Altaffer)
KNSS News
April 15, 2020 - 8:48 am
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown of commerce nationwide. The deterioration of sales far outpaced the previous record decline of 3.9% that took place during the depths of the Great...
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The dining section is closed off at East Side Pockets, a small restaurant near Brown University, Wednesday, March 25, 2020, in Providence, R.I. President Donald Trump wants the country open for business by mid-April, but some experts warn it's not as easy as flipping a switch: Economies run on confidence, and that is likely to be in short supply for as long as coronavirus cases in the United States are still rising. (AP Photo/David Goldman)
March 31, 2020 - 9:57 am
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt. The Conference Board reported Tuesday that its confidence index dropped to a reading of 120 in March from February's 132.6. It...
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Britain's Chancellor of the Exchequer Rishi Sunak, centre, stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London, Wednesday, March 11, 2020. Britain's Chancellor of the Exchequer Rishi Sunak will announce the first budget since Britain left the European Union. Sunak is flanked by his team of treasury ministers . (AP Photo/Frank Augstein)
KNSS News
March 11, 2020 - 10:03 am
LONDON (AP) — Britain took dramatic steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) package of measures to keep individuals and businesses afloat and the Bank of England slashed its key interest rate to a...
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A man wearing a protective face mask walks by statues of bulls on display outside a bank in Beijing, Tuesday, March 10, 2020. Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain of the virus outbreak. (AP Photo/Andy Wong)
March 11, 2020 - 4:20 am
TOKYO (AP) — European markets opened higher Wednesday after Asian shares mostly declined, as governments were ramping up aid for economies reeling from the virus outbreak. France's CAC 40 gained 2.5% to 4,750.03, while Germany's DAX rose 2.3% to 10,712.97. Britain's FTSE 100 added 1.4% to 6,043.49...
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FILE - In this Nov. 4, 2019 file photo, barista Porter Hahn makes an iced coffee drink for a customer in a coffee shop in Seattle. U.S. services companies grew at a faster pace in February 2020 than the previous month, an indication that the economy is still expanding, despite growing concerns about global coronavirus outbreak. The Institute for Supply Management said Wednesday, March 4, 2020 that its service-sector index rose to 57.3 from 55.5 in January. (AP Photo/Elaine Thompson, File)
March 05, 2020 - 4:23 pm
WASHINGTON (AP) — Companies and consumers have scrapped travel plans, and factories have endured broken supply chains from the coronavirus outbreak. If employers were to respond by slashing jobs, it would significantly escalate the economic damage. For that reason, a range of job market barometers...
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FILE - In this Dec. 9, 2019, file photo Melissa Rogan, left, and her daughter Renee, 9-months-old, browse the new Toys R Us store at a mall in Paramus, N.J. On Tuesday, Feb. 25, 2020, the Conference Board reports on U.S. consumer confidence for February. (AP Photo/Seth Wenig, File)
February 25, 2020 - 10:10 am
WASHINGTON (AP) — U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest point since August. The Conference Board said Tuesday that its measure of consumer sentiment is up from a revised reading of 130.4 in January. The January reading was revised down...
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In this Monday, Jan. 27, 2020 photo a passer-by walks near stoves, front, at a Home Depot store location, in Boston. On Tuesday, Jan. 28, the Conference Board reports on U.S. consumer confidence for January. (AP Photo/Steven Senne)
January 28, 2020 - 9:35 am
WASHINGTON (AP) — U.S. consumer confidence showed a strong gain in January, bolstered by continued strength in the job market. The Conference Board said Tuesday that its consumer confidence index rose to a reading of 131.6 this month, up from 128.2 in December. Lynn Franco, senior director of...
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FILE - In this Jan. 10, 2020, file photo specialist Meric Greenbaum, center, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 16. (AP Photo/Richard Drew, File)
January 17, 2020 - 3:04 am
Global stock markets followed Wall Street higher on Friday after China reported 6.1% economic growth in 2019 and Washington and Beijing signed an interim trade agreement. London and Frankfurt opened higher, while Shanghai, Tokyo and Hong Kong advanced after the U.S. benchmark S&P 500 index hit...
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