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US consumers see greater optimism in November on jobs boost

US consumer confidence improved in November, according to survey data released Tuesday, boosted by greater optimism surrounding the labor market.

US Consumers were “substantially more optimistic” about job availability in the future, which reached its highest level in around three years, she added.(AFP)
Published on Nov 26, 2024 09:35 PM IST
AFP | | Posted by Shweta Kukreti

US economy grew at solid 2.8% pace last quarter on strength of consumer spending

The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth.

Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US, on Monday, Jan. 22, 2024. (Bloomberg)
Published on Oct 30, 2024 06:15 PM IST
AP | | Posted by Shweta Kukreti

US Job openings decline to lowest level since 2021, consumer confidence rebounds

U.S. job openings dropped to more than a 3-1/2-year low in September, but nearly all the decline in vacancies was in the South.

US Job openings, a measure of labor demand, were down by 418,000 to 7.443 million by the last day of September, the lowest level since January 2021,(Bloomberg)
Updated on Oct 29, 2024 11:02 PM IST
Reuters | | Posted by Shweta Kukreti

Vladimir Putin spends big—and sends Russia’s economy soaring

How long can the party last?

Russia's President Vladimir Putin chairs a meeting with Russian Government members. (AFP)
Published on Aug 23, 2024 08:00 AM IST
The Economist

RBI survey shows Indians feel and expect higher inflation and unemployment

The RBI’s inflation expectation survey and consumer confidence survey show marginally increasing pessimism towards the economy.

The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai.(Reuters)
Published on Jun 07, 2024 08:10 PM IST

This Week: Consumer confidence, GDP report, construction spending

This Week: Consumer confidence, GDP report, construction spending

HT Image
Updated on Feb 26, 2024 01:32 PM IST
AP |

Consumer confidence remains weak in July

Despite a significant reduction in Covid-19 infections, the current situation index (CSI) of CCS was at 48.6 in the July round, almost the same as the all-time low of 48.5 in the May 2021 round.

The latest CCS findings—it was conducted between June 28 to July 9—show that the second wave of Covid-19 has done far more damage to consumer confidence than what the first lockdown and the first wave did.(ANI)
Published on Aug 07, 2021 01:27 AM IST
By, Hindustan Times, New Delhi

Consumer confidence hits an all-time low: RBI report

The survey belies the expectations of the government, RBI itself, and many securities firms and banks that the second wave’s economic impact will be muted compared to the first .

A fruit vendor waits for customers at a street in New Delhi(AFP)
Updated on Jun 05, 2021 04:44 AM IST
By, Hindustan Times, New Delhi

By 75, can India get the economy right?

With the learnings from the coronavirus pandemic, India must evolve a long-term response. Here are four suggestions. Create a bad bank; focus on public health; rethink manufacturing; and get cities right

Covid-19 has ravaged the economy. In the immediate term, India must provide a healthy fiscal stimulus with a large cash component and buy its way out of the crisis(Biplov Bhuyan/HT PHOTO)
Updated on Aug 15, 2020 07:31 PM IST

Decoded: Why consumer borrowing is going up when people aren’t spending

Growth in consumption, or private final consumption expenditure decelerated to 4.1% in the first half of the current financial year. But Reserve Bank of India data shows that retail credit of banks grew 16.6% during the same period.

Most indicators show a fall in consumption, a sign that consumers are shy of spending. Take for instance, the fall in car sales, housing sales or even air travel. (Photo: Mint)
Updated on Dec 27, 2019 07:38 PM IST
Hindustan Times, New Delhi | By

Consumer confidence fell to six-year low in September: RBI

The central bank said in its Consumer Sentiment Survey on Friday that both the current situation index and the future expectations index recorded declines.

The central bank said in its Consumer Sentiment Survey on Friday that both the current situation index and the future expectations index recorded declines.)(PTI FILE)
Updated on Oct 06, 2019 09:25 AM IST
Hindustan Times, New Delhi | ByHT Correspondent

Auto in slow lane: Making sense of crash in car sales

A comparison of passenger car sales growth and net perception on non-essential spending shows that the two move together more closely and have achieved their maximum and minimum values in almost the same periods.

A comparison of domestic sales of two-wheelers and passenger cars with quarterly GDP figures suggests that the recent deceleration in vehicle sales is in keeping with the fall in GDP growth.(AP)
Updated on Jun 14, 2019 08:30 AM IST
Hindustan Times, New Delhi | By

From Jupiter to jeers: France’s Emmanuel Macron battles popularity slump

In recent months his popularity has crumbled, even falling below his luckless predecessor Francois Hollande at the same point in his presidency.

French President Emmanuel Macron listens during the One Planet Summit at the Plaza Hotel on the sidelines of the United Nations General Assembly in New York on September 26, 2018.(AFP)
Updated on Sep 27, 2018 08:23 AM IST
Reuters | ByReuters

Companies in India find pricing power as growth on road to recovery after cash ban, GST

After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India’s economic recovery is gaining momentum.

A shopper walks through an aisle displaying personal care goods at a Big Bazaar hypermarket, operated by Future Retail Ltd., in Mumbai.(Bloomberg)
Updated on Aug 23, 2018 04:26 PM IST
Bloomberg | ByVrishti Beniwal and PR Sanjai

Why the economy can’t be the narrative for Narendra Modi in 2019

The latest consumer confidence survey by the RBI shows the double-whammy of demonetisation and GST is far from over. What is also more clearly revealed is that a growing disconnect is strikingly visible between what people expected and what they actually got.

If the RBI survey correctly mirrors the economic sentiments of the urban middle class, then the economy and its growth story (or the lack of it) cannot be the main narrative for Prime Minister Modi’s re-election bid in 2019.(PTI File Photo)
Updated on Apr 09, 2018 01:44 PM IST
Hindustan Times | By

Indian companies aren’t as optimistic on demand as RBI

The companies’ outlook for the first quarter of the fiscal year ending March 2019 worsened across all indicators barring exports and imports, an RBI survey found.

: Consumer confidence is also flagging in India, a challenge for those firms pinning their hopes on consumption picking up.(AP Photo)
Updated on Apr 06, 2018 01:43 PM IST
Anirban Nag, Bloomberg | By
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