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US Consumer Spending Unlikely to Grow Soon
Consumer confidence fell slightly in December, The Conference Board reported, forecasting that spending would not improve significantly in early 2020.The business-data provider’s Consumer Confidence Index decreased marginally in December to 126.5 from 126.8 in November,...
Retail Jan 06, 2020 Rapaport News
Kay Jewelers Signet
Signet Cuts Forecast as Hurricanes Hurt Sales
Signet Jewelers’ sales fell in the third fiscal quarter dueto hurricanes in the US and disruptions related to changes in the retailer’scredit services.Group sales slipped 2.5% and same-store sales — at outletsopen for at least a year — dropped 5% in the...
Retail Nov 21, 2017 Rapaport News
Holiday retail shopping
NRF Predicts Holiday Growth
US holiday sales and consumers’ average spending will risethis season, amid strong sentiment about the economy, according to projectionsby the National Retail Federation (NRF).Retail sales in November and December will increase 3.6% to4%...
Retail Nov 01, 2017 Rapaport News
Jewelry store
US Jewelry Store Sales Increase
Sales at specialist jewelry stores in the US increased 4% year on year to$17.36 billion in the first seven months of 2017, according to data fromthe nation’s Census Bureau.In July, sales jumped 11% to $2.47 billion, the data showed.Figures...
Retail Oct 01, 2017 Rapaport News
Shopping Mall
US Jewelry-Store Sales Rise in May
Sales at specialty jewelry stores in the US jumped 4.7% to$3.06 billion in May, according to provisional data recently published by the US Census Bureau.Sales grew 1.9% to $12.4 billion in the first five monthsversus the same period a year...
Retail Jul 19, 2017 Rapaport News
US Jewelry-Store Sales Up in March
Sales at specialty US jewelry stores reached $2.31billion in March, a 3.3% increase from the previous year, according to provisionalfigures from the US Census Bureau.The increase reflected an 8% improvement in the ConsumerConfidence Index for March, bringing it to its highest...
Retail May 28, 2017 Rapaport News
Easter shopping 140
NRF Predicts Cracking Good Easter
Easter retail sales will rise this year, as the holiday’srelatively late date means consumers will have longer to do their shopping,according to the National Retail Federation (NRF).The date of Easter is determined by the moon, and therefore...
Retail Apr 02, 2017 Rapaport News
Jewelry store depressed
Diamond Prices Decline Amid India Liquidity Crisis
PRESSRELEASE, January 3, 2017, New York… Polished diamond prices softened inDecember as Indian liquidity dried up due to the government’s demonetizationpolicy eliminating 500 and 1,000 rupee notes. Trading slowed with dealerstaking vacation during the...
Polished Markets Jan 03, 2017 Rapaport
Shopping Mall
U.S. Consumer Confidence Gets Post-Election Boost
U.S. post-election optimism boosted consumer confidence inDecember as expectations hit a 13-year high, according to the ConferenceBoard.The monthly consumer confidence index increased to 113.7 inDecember from 109.4 in November, the board said. A spike in the ‘expectations’index...
Retail Dec 28, 2016 Rapaport News
Amazon Diamond Sales Shine this Holiday
Amazon sold 10,451 carats of diamonds this holidayseason, reporting that overall sales hit record levels during the period.The online retailer said its diamond sales were equivalent in volume termsto six and a half...
Retail Dec 28, 2016 Rapaport News
Holiday Sales to Gain From Post-Election Certainty
U.S. holiday season forecasts for retail improved as increasedcertainty after the presidential elections is expected to bolster sales. Commentatorshave, however, warned about the extent of any potential upturn.“Having certainty on that [elections being over] is probablya...
Retail Nov 15, 2016 Rapaport News
The Conference Board logo
Conference Board: U.S. Consumer Confidence Falls 9% in July
The Conference Board Consumer Confidence Index dropped to 90.9 in July from 99.8 in June (1985=100). The Present Situation Index slid to 107.4 from 110.3 in June and the Expectations Index declined sharply to 79.9 from...
Research Jul 29, 2015 Ronen Shnidman
pam danziger
Affluent Household Spending Descends Into a 'Luxury Drought'
U.S. affluent consumer confidence eroded further in the second quarter of 2015, according to the Luxury Consumption Index (LCI), a propriety survey conducted by Unity Marketing. The five key measures of how affluents feel about economic...
Research Jun 18, 2015 Jeff Miller
fashion island
Gallup's U.S. Economic Confidence Index Reaches Positive Territory
Gallup's latest U.S. Economic Confidence Index remained in positive territory for a third consecutive week, averaging 4 points for the seven days that ended on January 11. The index first reached a positive reading the...
Research Jan 14, 2015 Jeff Miller
U.S. Consumer Confidence Index +26% in November
U.S. consumer confidence was much stronger in November than was the case one year ago, according to The Conference Board Consumer Confidence Index®, which registered 88.7 points (1985=100) compared with only 70.4...
Research Nov 25, 2014 Jeff Miller
The Conference Board logo
U.S. Consumer Confidence Index +8% in September
Consumer confidence in the U.S. rose 8 percent year on year to 86 points (1985=100) in September, according to The Conference Board. However, the Consumer Confidence Index® fell 7.4 points from the reading in August. Meanwhile, the Present...
Research Sep 30, 2014 Jeff Miller
U.S. Consumer Confidence Index +14%
U.S. consumer confidence moved closer to the historical average of 100 points in August, according to The Conference Board Consumer Confidence Index®, which recorded a reading of 92.4 points (1985=100), up from 81.5 points in August 2013. The...
Research Aug 26, 2014 Jeff Miller
U.S. Consumer Confidence Index +13%
U.S. consumer confidence rose 13 percent year on year to 90.9 points (1985=100) in July, according to the Conference Board Consumer Confidence Index®. The Index was also up from 86.4 points in June. Compared with one year...
Retail Jul 29, 2014 Jeff Miller
The Conference Board logo
U.S. Consumer Confidence +5% in June
The Conference Board's Consumer Confidence Index® rose about four points to 85.2 (1985=100) in June compared with one year ago. In addition, the Present Situation Index increased from 69.2 points to 85.1 points; however,...
Research Jun 24, 2014 Jeff Miller
The Conference Board logo
U.S. Consumer Confidence +21% in April
The Conference Board's Consumer Confidence Index® jumped 21 percent year on year to 82.3 points in April, while the Present Situation Index rose 30 percent to 78.3 points and the Expectations Index was up 16 percent to 84.9. Nonetheless,...
Research Apr 29, 2014 Jeff Miller
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