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.
Consumer Confidence rebounds in June—but recovery remains uncertain amid virus
June 30 | Indications Podcast | Comments (0)
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.
If staying home comes to stay: the rise of telework and the decline of city centers
April 15 | Gad Levanon, PhD, Vice President, Labor Markets, The Conference Board | Frank Steemers, Economist, The Conference Board | Elizabeth Crofoot, Senior Economist, Labor Markets, The Conference Board | Comments (0)
Pandemic-related restrictions mean a large share of American workers are now working entirely from home, many for the first time.
What's Really Going on with American Consumers?
July 22 | Steve Odland, President and CEO, The Conference Board, Inc. | Denise Dahlhoff, PhD, Senior Researcher, Consumer Research, The Conference Board | Comments (0)
Too many retailers are shutting down: 2019 just hit its halfway point, but already the number of planned retail store closings has exceeded the total for all of 2018.
Why India Presents a Big, Long-Term Opportunity for Apple’s iPhones
May 07 | Denise Dahlhoff, PhD, Senior Researcher, Consumer Research, The Conference Board | Comments (0)
Apple supplier Foxconn’s initiative to produce high-end iPhones in India opens new doors for Apple to use India as an export hub, including to the U.S., and also gives Apple better access to one of the world’s fastest-growing economies—and mobile phone markets. Indian consumers have felt very optimistic economically, and technology is a popular category for spending disposable income, as data from the Conference Board Global Consumer Confidence Index shows.
Overall Social Media Use among Inc. 500 Companies Declined in 2018
February 19 | Nora Ganim Barnes, Chancellor, Professor of Marketing, Director, Center for Marketing Research, University of Massachusetts Dartmouth | Comments (0)
The relationship between business and social media is changing, starting with a decline in social media use among some platforms over the past year. While more companies are implementing formal social media plans, they're also beginning to reevaluate social media in business as concern grows over negative online attacks, data privacy, and whether social media efforts are providing ROI. They are also considering paid social media platforms since the benefits offered by free ones have plateaued.
The Top Five Things I Learned at the 2018 Lisboa Web Summit
February 13 | John Metselaar, Program Director and Senior Fellow, The Conference Board | Comments (0)
"Save the web: technology should serve humanity, not undermine its core values and institutions" is just one of John Metselaar's takeaways from this year's Lisbon Web Summit. As more than half the world's population becomes digitally connected, industry, governments, citizens and academia need to work together to keep the "digital peace."