Reflecting an improvement in consumer expectations, the Conference Board released a report on Tuesday showing a rebound in U.S. consumer confidence in the month of November.The Conference Board said its consumer confidence index rose to 102.0 in November from a downwardly revised 99.1 in October. The increase came following three straight monthly declines.Economists had expected the consumer confi...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.