“Consumer confidence increased for the third consecutive month and is now at its highest level since October 2007 (95.2). Strong job growth helped boost consumers’ assessment of current conditions, while brighter short-term outlooks for the economy and jobs, and to a lesser extent personal income, drove the gain in expectations. Recent improvements in consumer confidence, in particular expectations, suggest the recent strengthening in growth is likely to continue into the second half of this year.” – The Conference Board
Sources:
- “June 2014 Manufacturing ISM Report on Business” – www.ism.ws 07/01/14
- “June 2014 Non-Manufacturing ISM Report on Business” – www.ism.ws 07/03/14
- “The Conference Board Leading Economic Index for the U.S. Increases” – www.conference-board.org 07/18/14
- “Advance Monthly Sales for Retail and Food Services” – www.census.gov 07/15/14
- “The Employment Situation Summary” – www.bls.gov 07/03/14
- “The Conference Board Consumer Confidence Index Continues to Improve” – www.conference-board.org 06/24/14
- “New Residential Construction in June 2014” – www.census.gov 07/17/14
- “Advance Report on Durable Goods Manufacturer’s Shipments, Inventories and Orders June 2014” – www.census.gov 07/25/14
- “The Conference Board Consumer Confidence Index Improves Again” – www.conference-board.org 07/29/14