The Conference Board U.S. Consumer Confidence Index Declines Slightly in October 2020
November 02 | Indications Podcast | Comments (0)
The just released Conference Board Consumer Confidence Index® declined slightly in October, after increasing sharply in September. While consumers’ assessment of current conditions improved, expectations declined due to the short-term job outlook. Join this podcast with Conference Board Chief Economist Dana Peterson and Lynn Franco, Senior Director of Economic Indicators to understand the story behind the numbers and what our experts foresee for the final months of 2020.
Building Brand Value During a Crisis
October 15 | Timothy Powell, President, The Knowledge Agency | Comments (0)
The crises seem to come faster all the time. During the first two quarters of 2020, we went directly from a crisis about the global Covid-19 pandemic, to a crisis about the resulting sharp economic slowdown, to the Back Lives Matter protests following the death of George Floyd at the hands of the Minneapolis police.
Why Company Directors Should Use Social Media
September 08 | Elizabeth Richards, Head of Corporate Governance, The Institute of Chartered Accountants in England and Wales (ICAEW) | Comments (0)
In its most recent Connect and Reflect report, “Why Company Directors Should Use Social Media,” The Institute of Chartered Accountants in England and Wales (ICAEW) describes the benefits of social media for directors and offers practical guidance about how to make a start.
Mark Cushing on his new book, Pet Nation
September 08 | Off the Shelf Podcast | Comments (0)
Mark Cushing, founder and CEO of the Animal Policy Group, talks with our Marketing Institute Leader, JP Kuehlwein, about his new book, which reveals how pets – and their owners – are transforming the American culture, economy and nation.
The Conference Board Consumer Confidence Index Decreased in August
August 25 | Indications Podcast | Comments (0)
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.
In Today’s Deep Recession, Consumer Spending On Goods Is Above Pre-Pandemic Levels. Why?
August 24 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Comments (0)
One of the categories that experiences the largest decline in a typical recession is consumer spending on goods. The US is now enduring the worst recession in 80 years: Employment in July was about 13 million below February’s number while GDP dropped by 11 percent in the first half of 2020. Yet in June, consumer spending on goods was 5 percent above pre-Covid-19 levels. Why?
Fear of Job Losses Drives Down Consumer Confidence in Q2
August 18 | Indications Podcast | Comments (0)
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.
Company Valuations, Wall Street and Main Street and how they jive… or not
August 11 | Influencers Podcast | Comments (0)
Tim Koller, Partner and Core Leader of the Corporate Finance Practice at McKinsey & Company, explores with our Marketing Institute Leader, JP Kuehlwein, why there is often a deep disparity in corporate valuations between Wall Street and Main Street – and how to make sense of it all.
Consumer Confidence Retreats in July
July 28 | Indications Podcast | Comments (0)
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.