Jan 3, 2020

The present and future confidence gap

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Data: The Conference Board; Chart: Axios Visuals

The difference between Americans' views of their current situation and their expectations for the future continues to grow.

The state of play: The Conference Board's December consumer confidence report showed a 3.4 point rise in consumers' assessment of their present situation, and a 3-point decline in their expectations for the future.

Go deeper: Consumers are picking up the lagging business sector's slack

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The generational confidence gap

Data: The Conference Board, DB Global Research; Chart: Axios Visuals

November's consumer confidence report showed the largest gap between the confidence of consumers under 35 and those over 55 in the history of the Conference Board's report.

The state of play: Younger people have typically had higher confidence scores, but that has changed in recent years, the data show.

Go deeperArrowJan 3, 2020

Survey: Top executives are pessimistic about the 2020 economy

Source: Deloitte; Note: Survey reflects CFO expectations for year-over-year increases in business spending and hiring; Chart: Axios Visuals

Chief financial officers are bracing for an economic slowdown this year, according to Deloitte's quarterly survey of nearly 150 executives at top North American companies.

Why it matters: Multiple surveys showed plunging optimism among top executives last year, thanks largely to trade war uncertainty. Deloitte's survey is a signal that skittishness continues to curb companies' hiring and spending plans this year, which could further hurt economic growth.

DetailsArrowJan 9, 2020

Investors are getting bullish on Germany's economy

Data: ZEW; Chart: Axios Visuals

Confidence in Germany’s growth outlook has continued to increase, with the latest survey of investor expectations rising to the highest in more than four years.

Details: The ZEW economic research index of expectations for the next six months increased to 26.7 in January, significantly exceeding economists' estimates. The gauge turned positive last month for the first time since April, meaning more respondents are optimistic about the future than pessimistic.

Go deeper: Private equity "plague" descends on Germany's elevator industry

Keep ReadingArrowJan 22, 2020