January 12, 2018

US Consumer Confidence Higher To Start 2018

by Jharonne Martis.

American consumer confidence as measured by the Thomson Reuters/Ipsos Primary Consumer Sentiment starts 2018 with a measured uptick to stand at 61.6. This is up almost a point from December 2017 and well above the mark set at the beginning of last year.

Jharonne Martis, Director of Consumer Research at Thomson Reuters, said, “When consumers feel better about their personal financial situation, they tend to spend more freely. This is reflected in the Thomson Reuters Retail and Restaurant earnings index which is expected to grow 5.4% for the current quarter, but then rise into double digit growth as the year progresses.”

To download the full report, click here.

Report Topics
Report Keywords , ,

Get In Touch

Subscribe

Related Reports

American consumer confidence, as measured by the Thomson Reuters/Ipsos Primary Consumer ...

U.S. consumers went out on Thursday, Nov. 22 -- Thanksgiving evening -- to shop for Black ...

Black Friday – the day after the U.S. Thanksgiving holiday (which is Thursday, Nov. 22 ...

American consumer confidence, as measured by the Thomson Reuters/Ipsos Primary Consumer ...