Our Privacy Statment & Cookie Policy

All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

September 10, 2020

Consumer Confidence Rises in September

by Jharonne Martis.

“American consumer confidence continues to climb despite instability on a per month basis. As the unemployment rate improves and people continue to embrace their situations, overall confidence is improving,” notes Chris Jackson of Ipsos. “Despite the coronavirus still being far from under control, millions of Americans unemployed, and civil rights protests sweeping the nation, disrupting many, Americans are finding a way to feel confident again.”

Jharonne Martis, Director of Consumer Research at Refinitiv, said, “As the second quarter earnings season comes to an end, over 70% of retailers beat earnings and revenue expectations. The Refinitiv Retail and Restaurant Earnings Index showed that while overall Q2 growth was anemic it could’ve been a lot worse. Moreover, the latest retail earnings reports suggests that Q3 spending is off to a less poor start with an estimated earnings decline of 31.8%, an improvement from the 43% drop in Q2 earnings.”

To download the full report, click here.

Report Topics

Get In Touch

Subscribe

Related Reports

U.S. retail sales smashed expectations in March, with total sales (mkt +0.3% m/m) up ...

WASHINGTON, DC - The LSEG/Ipsos Primary Consumer Sentiment Index for April 2024 is ...

The LSEG/Ipsos Primary Consumer Sentiment Index for March 2024 is at 53.1. Fielded from ...

To date, 186 of the 204 companies in our retail/restaurant index have reported their EPS ...

We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.x