Is Consumer Confidence on the rise?

U.S. Consumer Confidence  rebounded strongly in March within optimism over the labor market while house prices increased in January. Rising confidence and home prices adds to the belief that the first-quarter slowdown will be temporary. While consumers were less optimistic about the short-term outlook, they had greater confidence in the labor market, with the share of thoseContinue

Are You Facing Foreclosure? Get ready to get more help!

The Consumer Financial Protection Bureau (CFPB) has recently proposed additional set of measures to expand foreclosure protections for mortgage borrowers. Currently the CFPB continues engaging in the outreach task along with consumer advocacy groups, industry representatives, and other stakeholders to develop additional provisions to protect consumers and make it easier for companies to comply withContinue

Consumer Sentiment: Moving Forward!

Consumer confidence declined in September, rebounded in October and jumped more than two points in a preliminary November estimate, beating economic forecasts and hitting a more than seven-year high. The Thomson Reuters/University of Michigan Index of Consumer Sentiment registered 89.4 in a mid-month reading, the best showing since July 2007. Economists had forecast the measureContinue

September: Highest Consumer Confidence

Consumer confidence reached its highest level since the Great Recession in September, according to the Thomson Reuters and University of Michigan Surveys of Consumers. September’s increase in consumer confidence is the result of optimistic outlooks on the overall economy and personal incomes.  The consumer expectations index rose 5.8 percent over the month of September, while theContinue