Confidence among U.S. consumers rose last week to its highest since early October, propelled by gains among almost every income group.
Canadian consumer sentiment fell last week, led by respondents in the west and as feelings of job security declined, according to the Bloomberg Nanos Canadian Confidence Index.
Confidence among U.S. consumers rose last week to the highest level since early October as tensions in Washington calmed and hiring improved.
Surging stock prices and a real- estate rally sent confidence levels to the highest in eight weeks, according to a measure of Canada’s economic mood.
American consumers became less pessimistic in November about the economic outlook as the effect of last month’s partial government shutdown dissipated.
Consumer confidence in the U.S. increased for the first time in seven weeks, undoing some of the damage caused by fiscal infighting among federal lawmakers.
Consumer confidence in the U.S. fell for the sixth week in a row, reaching the lowest level in a year as Americans struggled to make ends meet.
Canadian consumer confidence fell for a fourth straight week, adding to the challenges Prime Minister Stephen Harper faces as he tries to stem a scandal over expenses claimed by three senators he appointed.
Consumer confidence eroded for a fifth straight week, reaching the lowest level in more than a year as pessimism about the economy chipped away at views of conditions closer to home.
The number of Americans filing applications for unemployment benefits last week remained elevated, indicating the partial federal shutdown this month weakened the world’s largest economy.
"Consumer sentiment has essentially reset compared to where it was prior to the government shutdown, which should assuage fears of a complete disaster during the holiday shopping season."
- Joseph Brusuelas on Nov 21, 2013
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