14 Oct. 2020 |
US Labor Market Roundup: September Jobs Report and the Post-COVID US Labor Market
We react to the September jobs report and then discuss the Post-COVID US Labor Market and what we can we expect in 2025. The COVID-19 pandemic and reduced consumption due to social distancing is driving the deepest economic recession since the Great Depression. As consumers remain reluctant to spend and as layoff announcements pick up, US employment will be slow to recover to pre-pandemic levels in the near term.
28 Sep. 2020 |
The long-term Impact of the Pandemic on Businesses: The View of European C-suite Executives
Amidst the COVID-19 pandemic in early 2020, a special mid-year edition of the annual C-Suite Challenge Survey focused on the long-term impacts business executives expect as the likely legacy of the pandemic. In this podcast, we discuss how executives in Europe are more engaged in rethinking the role of business in society, the future of globalization, and the higher interest in the new normal of remote work.
23 Sep. 2020 |
International Labor Markets - differences between the US, Europe, and Emerging Markets
An update on the state of labor markets in the US and Europe. How many people have lost their job and what is the outlook? In which occupations and industries have job losses been the largest? What are the main differences between labor markets in the US and Europe? A follow up on our previous podcast on international labor markets.
17 Sep. 2020 |
US Labor Market Roundup: August Jobs Report and the Delayed Wage Crunch
We react to the August jobs report and then discuss compensation trends and why the wage crunch might be delayed. Since the outbreak of COVID-19, organizations have taken several workforce cost reduction measures, including cutting wages and salaries. In addition, with revenues under pressure and many people out of work, employers are entering a new era where wage growth may hit a historical low.
25 Aug. 2020 |
The Conference Board Consumer Confidence Index Decreased in August
Consumer Confidence declined for the second consecutive month and now stands at 84.8 down from 91.7 in July. The Present Situation Index decreased sharply, while pessimism about the short-term outlook continued to grow. Concerns amongst consumers about the economic outlook and their financial well-being will likely cause spending to cool in the months ahead.
19 Aug. 2020 |
US Labor Market Roundup: July Jobs Report and the Rise of Telework after COVID-19
We discuss the July jobs report and the monumental shift to remote work due to COVID-19. Teleworking rates are likely to remain above pre-pandemic rates, with major workforce and real estate implications. Yet even in companies that have proven that remote work “works,” leaders continue to struggle with how to lead collaborative teams remotely. Further, as increased telework shifts consumer spending away from city centers, businesses with a large footprint in city centers will be hardest hit.
18 Aug. 2020 |
CEO Confidence Marginally Improved in Q3
The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council rose slightly in Q3. The measure saw a one-point uptick, up from 44 in Q2 to 45 in Q3. (A reading below 50 points reflects more negative than positive responses.) Without substantial containment of COVID-19, widespread uncertainty will continue being the dominant cloud hanging over America’s CEO community.
18 Aug. 2020 |
Fear of Job Losses Drives Down Consumer Confidence in Q2
Margaret Murphy, Digital Media Programme Manager at the Conference Board, interviews our resident Senior Economist for Europe, Ilaria Maselli about the consumer confidence results in Europe for Q2.
28 Jul. 2020 |
Consumer Confidence Retreats in July
Large declines were experienced in Michigan, Florida, Texas and California, a result of the resurgence of COVID-19. Looking ahead, consumers have grown less optimistic about the short-term outlook for the economy and labor market and remain subdued about their financial prospects. Such uncertainty about the short-term future does not bode well for the recovery, nor for consumer spending.
16 Jul. 2020 |
US Labor Market Roundup: June Jobs Report and Impact of COVID-19 on Workers and Households
We discuss the June jobs report and address the impact of COVID-19 on US workers and households. For many, their economic situation has done a complete 180 since the emergence of the virus. Previously, unemployment rates were at record lows and wages were accelerating, especially for blacks, Hispanics, and lower educated workers. This led to a reduction in poverty rates and wage inequality. But the COVID-19 crisis is hitting vulnerable populations hard and can lead to reversal of these trends.
08 Jul. 2020 |
The State and Trajectory of the US Economy
On The Sherman Show Podcast, The Conference Board's Bart van Ark and Erik Lundh discuss various aspects of how the US economy is faring amid COVID-19, including Consumer Confidence and their US economic forecast. For more of The Sherman Show podcasts, please visit: https://doubleline.com/podcasts/
30 Jun. 2020 |
Consumer Confidence rebounds in June—but recovery remains uncertain amid virus
The Conference Board Consumer Confidence Index sees its biggest rise this month since 2011, yet still remains significantly below pre-pandemic levels. The index reveals consumers are less pessimistic about the short-term outlook, but fear an uneven and uncertain economic recovery amid virus concerns. Join Chief Economist Bart van Ark, and Senior Director of Economic Indicators, Lynn Franco, as they discuss the monthly numbers.
06 May. 2020 |
Understanding the Labor Market Consequences of the COVID-19 Outbreak in Europe and in the US - a primer
A large share of the world population is in lockdown right now. The speed and depth of the downturn we are experiencing are unprecedented and, inevitably, this will have an impact on labor markets. What do we know about unemployment so far in US and Europe? What industries or workers groups are more affected? How are companies dealing with shortages in some sectors? And, will we see productivity growth increasing as unexpected but positive impact of this crisis? These are the questions we deal w
28 Apr. 2020 |
US Consumer Confidence Takes Another Significant Drop in April
The Conference Board Consumer Confidence Index weakened considerably in April, following a steep decline in March. Join Chief Economist Bart van Ark, and Senior Director of Economic Indicators, Lynn Franco, as they discuss the monthly numbers and a surprising improvement in consumers’ short-term outlook.
13 Apr. 2020 |
Steve Odland Talks CEO Confidence on Sirius XM Business Radio
President and CEO of The Conference Board, Steve Odland, discusses how COVID-19 is impacting CEOs' views about the state and trajectory of the US economy and business environment.
09 Apr. 2020 |
CEO Confidence Falls Sharply amid COVID-19 Crisis
Amid the fallout from COVID-19, confidence among US CEOs has declined sharply. Join this podcast with Conference Board CEO Steve Odland and Chief Economist Bart van Ark to learn what the newest numbers show, and whether there is any optimism for the future.
07 Apr. 2020 |
COVID-19 Crisis: Implications For The European Economy
In this episode of Indications, Ilaria Maselli (Senior Economist, Europe, The Conference Board) and Bart van Ark (Chief Economist, The Conference Board) discuss the outlook for the European economy in the aftermath of the COVID-19 outbreak. They discuss how the current crisis compares to the Global Financial Crisis of 2008-2009 and debate on what type of shock this is and what are the conditions that will contribute to a rebound.
31 Mar. 2020 |
Consumer Confidence at a Time of Coronavirus
The Conference Board Consumer Confidence Index fell sharply in March 2020, led by a nearly 20-point decline in the Expectations Index—among the largest one-month drops ever. Lynn Franco, Senior Director of Economic Indicators, explains how the rapid intensification of COVID-19 has fueled widespread uncertainty on the economy and jobs, and why March’s numbers are in line with a severe contraction—rather a temporary shock—and further declines are sure to follow.
11 Mar. 2020 |
US Labor Shortages: Company Solutions
In the last part of this series based on our report “US Labor Shortages: Challenges and Solutions,” we discuss company solutions to the labor shortage problem.
04 Mar. 2020 |
US Labor Shortages: Higher Wages and Dampening Profits
In part 2 of 3 of this series based on our report “US Labor Shortages: Challenges and Solutions,” we discuss the impact of higher wages on the labor market and corporate profits.
26 Feb. 2020 |
Consumer Confidence holds strong and steady in February—with Coronavirus fears lurking
The Conference Board Consumer Confidence Index ticked up slightly in February, with further strengthening of expectations offsetting a pullback in consumers’ assessment of present conditions. The bottom line: American consumers remain historically confident—with their spending likely to drive continued economic growth through the first half of 2020. Could the ongoing COVID-19 coronavirus outbreak—which escalated globally after our February survey closed—grow into the “black swan” that finally di
26 Feb. 2020 |
US Labor Shortages: Why they are happening and the challenges they pose for companies
In part 1 of 3 of this series based on our report “US Labor Shortages: Challenges and Solutions,” we discuss why we’re seeing labor shortages and the implications for companies and workers.
11 Feb. 2020 |
Coronavirus Outbreak: Global Economic Implications
The threat of trade wars has receded, but the coronavirus outbreak has added a new level of uncertainty to the global economic outlook. Will its effects be temporary, short term or beyond? Will its impact on China, the world’s second largest economy, reverberate across the globe? Find out in this podcast with subject matter experts from The Conference Board.
28 Jan. 2020 |
US Consumer Confidence: Impressive gains and election-year implications
Expect the American consumer to be the unchallenged driver of economic growth through the first half of 2020—a full decade into the current expansion. Lynn Franco breaks down the forces behind this remarkable resilience. Then, she dives into the special relevance of our Consumer Confidence Index in presidential election years—including two simple data points that have historically predicted the reelection chances of incumbent presidents.
23 Jan. 2020 |
European Consumer Confidence Wavers Amid Increasing Economic, Political Uncertainties
Ilaria Maselli, Senior Economist for Europe at The Conference Board, gives us the latest Consumer Confidence Index results for Q4 of 2019 with a specific focus on the Euro Area.
08 Jan. 2020 |
C-Suite Challenge™ 2020: The View of Risks and Opportunities in 2020
Co-authors Ilaria Maselli, Senior Economist for Europe at the Conference Board and Chuck Mitchell Executive Director, Knowledge Content & Quality at the Conference Board, discuss the findings of our latest C-Suite Challenge report.
22 Nov. 2019 |
The Geopolitical Impact On Tomorrow’s Global Economy
Bart van Ark sits down with George Friedman, Founder and Chairman of Geopolitical Futures, to discuss how the geopolitical climate will affect the global economy in 2020. How has economic dysfunction and social instability from the 2008 financial crisis influenced today’s economy? How large is the exposure for importing nations versus exporting nations? How has the rise of technology contributed to social and economic inequality?
17 Oct. 2019 |
Consumers think it's a good time to spend - Q3 update on consumer confidence in Europe
In this podcast, Ilaria Maselli (Senior Economist) and Margaret Murphy (Manager Webcast Programme) deep dive into the quarter 3 results for Europe of The Global Consumer Confidence Index by The Conference Board and Nielsen. They also discuss specific countries of interest, as well as preferences and concerns of European consumers.
07 Oct. 2019 |
Global Consumer Confidence: Despite Rising Anxieties, Consumers Remain Steadfast (Q3 2019)
The discrepancy between how CEOs view economic prospects (gradually worse) and how consumers continue to feel economically (positive overall) has never been bigger. Which markets have gained and lost confidence the most since the previous quarter? What consumer concern has grown the most? What can we expect for the road ahead? Find out in this conversation featuring The Conference Board’s Chief Economist, Bart van Ark, and Denise Dahlhoff, Senior Researcher focused on consumer topics.
17 Jul. 2019 |
Consumer Confidence Goes Up in Europe in Quarter 2
In this podcast, Ilaria Maselli (Senior Economist) and Derek Servais (senior digital media and IT specialist) deep dive into the quarter 2 results for Europe of The Global Consumer Confidence Index by The Conference Board and Nielsen. They also discuss specific countries of interest, such as: Germany, France, Italy, Turkey and the UK.
08 Jul. 2019 |
Consumer Confidence and Spending Behavior Across the World: Q2 2019 findings
The Conference Board’s Chief Economist Bart van Ark and Senior Researcher Denise Dahlhoff discuss results from the Q2 2019 run of The Conference Board Global Consumer Confidence Survey, a collaboration with Nielsen. Findings include developments regarding consumer confidence, consumers’ spending on certain categories, and their top concerns.
10 May. 2019 |
Indications 2.10: Latin America: Opportunity in Uncertainty
Latin America is a vast, diverse region in flux, with economic prospects varying immensely from country to country—and month to month. In this episode, Chief Economist Bart van Ark and an expert panel tour the latest developments from Cape Horn to the US border. Learn how political pressures, natural resource dependence, exports and trade policy, and security and safety concerns are playing out in individual markets—and why there’s reason for optimism across the region as a whole.
16 Apr. 2019 |
Indications 2.9: The Global Consumer Confidence Index
The Conference Board, in conjunction with Nielsen, has formally launched our latest economic indicator. The Global Consumer Confidence Index takes the temperature of consumers in 64 markets around the world—including how, what, and where they intend to spend in the months ahead.
02 Apr. 2019 |
Indications 2.8: Debt, Denial, and Modern Monetary Theory
According to the IMF, total debt worldwide—including government, consumer, financial, and non-financial sources—now amounts to $185 trillion, or some 2.25 times the size of global GDP. A generation ago, the ratio stood at just 1:1. But despite this rapid rise in leverage, the traditional dangers of government debt in particular—soaring inflation and interest rates—have yet to materialize.
29 Mar. 2019 |
Indications 2.7: Is US Consumer Confidence Waning?
After a 7.3-point drop in March 2019, consumer confidence now stands at 124.1. Consumers’ appraisal of the present situation has taken an especially big hit. Is this an expected moderation or an early warning of impeding recession?
31 Jan. 2019 |
Indications 2.6. Taking the Temperature of the Global Consumer
Around the world, business leaders are growing increasingly nervous about 2019 growth prospects. Are consumers following suit? Ultimately, the answer will come down to job availability, income growth incomes, and the purchasing power of their hard-earned money.
13 Nov. 2018 |
Podcast: Corporate Philanthropy Futures with Jason Saul (Mission Measurement) & Arlene Isaacs-Lowe (Moody's)
In Part 3 of a special podcast series, Jason Saul, Founder and CEO of Mission Measurement, and Arlene Isaacs-Lowe, President of the Moody's Foundation, explore where new technologies, priorities, and thinking are likely to take corporate citizenship in the years and decades ahead.
13 Nov. 2018 |
Podcast: Corporate Philanthropy Priorities with Tim McClimon (American Express) & Dan Cardinali (Independent Sector)
In Part 2 of a special podcast series, Tim McClimon, President of the American Express Foundation, and Dan Cardinali, President and CEO of Independent Sector, survey the current corporate citizenship landscape—and the growing need for partnership across the corporate and non-profit sectors.
13 Nov. 2018 |
Podcast: Corporate Philanthropy Evolution with Martha Herrera (CEMEX) & Jenny Lawson (Points of Lights)
In Part 1 of a special podcast series, Martha Herrera, Global Director of Corporate Social Responsibility at CEMEX, and Jenny Lawson, President of Points of Light, reflect on the rapid evolution of corporate philanthropy in recent decades—and what these past transformations portend for the future.
19 Oct. 2018 |
Indications 2.2. Drilling down on oil prices: Back to $40 or on to $100?
Oil broke $70 a barrel for the first time in four years in January and hasn't receded since. Most experts predict it'll remain between $70 and $85 in the near term. But any sense of stability or consensus is deceiving. A witches' brew of volatile, complicated, and often countervailing global forces has been the real story of oil prices in 2018—and likely the only safe bet for 2019 as well.
21 Aug. 2018 |
Indications 2.1: Are we missing the productivity revival?
While economists and policymakers keep racking their brains to crack the past decade's "productivity paradox", a return to an era of faster productivity growth may already be happening, right before our eyes.