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Why Are Consumers Happier?

Financial FAQs

Why are consumers much happier during these holidays? The University of Michigan’s consumer sentiment index for November jumped 6.6 points to a six-month high while the Conference Board’s consumer confidence index jumped 6.3 points to 107.1 for its best reading of the cycle, since July 2007. 437 more words

Weekly Financial News

A case study in crap data put to meaningless use

❝ On Monday, I cast doubt on the many stories about how Black Friday retail sales were off to a disappointing start. This is an important story because retail is such a critical part of the U.S.

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Business

Data and Crap

Barry Ritholtz has a good article in Bloomberg about retail spending over the Black Friday weekend.

In short: “data” that is derived from surveys is typically (always?) crap. 118 more words

Smoke and Mirrors in the Grocery Aisles

Collin Payne and Mihai Niculescu, two professors from New Mexico State University, set out to see if customers could be “nudged” into the produce aisle. To test this out, they set up a variety of different stimuli in an El Paso grocery store and looked at the effects it had on consumer behavior. 271 more words

Black Friday vs. Cyber Monday

Black Friday has just passed, and officially rang in the 2016 Holiday shopping season. This year, consumer spending and online shopping have increased. Which means that while many people battled the crowds in shopping malls around the country on Friday, many more chose to stay home and wait for Cyber Monday deals to do their shopping. 229 more words

Dutch GDP Grows 2.4 pct in Q3; Unemployment Falls Most in a Decade

The Dutch economy grew 2.4 percent year-on-year in the third quarter and unemployment fell sharply in welcome news for Prime Minister Mark Rutte’s government, which trails the far-right Freedom Party four months before a parliamentary election. 531 more words

Investment

Sask. shoppers slow down spending in September

Retail sales in Saskatchewan in September were $1.53 billion, down 0.3 per cent from August and up 0.2 per cent from September 2015, according to seasonally adjusted data released by Statistics Canada data on Tuesday. 378 more words

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