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US Consumer Confidence Is Both The Highest & Lowest In 2015 Depending On Who You Ask

Tyler Durden's picture




 

According to the government-sponsored Conference Board, US Consumer Confidence soared from 91.0 to 101.5 - 2015 highs - in August.

Acording to non-government-sponsored Gallup, US Consumer's Economic Outlook collapsed to its lowest in a year.

 

You decide...

 

The Conference Board data is driven by a surge in Present Situation from 104 to 115.1 - its highest in the cycle - as it appears higher gas prices, tumbling stocks, and a China meltdown means everything is awesome!! Which is odd because Plans To Buy A Home, Auto or Major Appliance all tumbled.

 

As Gallup explains,

this latest average was the result of 37% of Americans saying the economy is "getting better" and 58% saying it is "getting worse."

 

The situation in China may continue to reverberate in the U.S., with U.S. stocks closing much lower on Monday and European markets starting the week with large drops. To the extent stock markets continue to suffer, particularly if this affects broader aspects of the economy, Americans' confidence could be shaken further in the coming week.

Charts: Gallup and Bloomberg

 

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Tue, 08/25/2015 - 10:12 | 6468293 XAU XAG
XAU XAG's picture

LOL

 

WTF

 

Poles apart................................Poles

Tue, 08/25/2015 - 10:29 | 6468365 BullyBearish
BullyBearish's picture

Just propaganda to "support" the rate increase they HAVE TO implement...

Tue, 08/25/2015 - 10:46 | 6468441 UnicornSkittles
UnicornSkittles's picture

Remain calm.  All is well.

 

Other than that, I have no concerns.

Tue, 08/25/2015 - 10:54 | 6468473 toady
toady's picture

This is what I love about this site. Pointing out the obvious manipulations.

Tue, 08/25/2015 - 11:34 | 6468608 Son of Loki
Son of Loki's picture

Don't panic! Form a line and orderly exit right.

Tue, 08/25/2015 - 11:40 | 6468627 UnicornSkittles
UnicornSkittles's picture

All with the hope that someone who hasn't seen the obvious at this point will actually have an epiphany.  It can fall under "preaching to the choir", but I think a lot of us hope that somebody else may get the message and have their eyes opened.

 

 

Tue, 08/25/2015 - 12:31 | 6468833 Theosebes Goodfellow
Theosebes Goodfellow's picture

HEY! Everything is great cuz' weez' all gonna' die!

Does that cover it?

Tue, 08/25/2015 - 10:14 | 6468299 Kaiser Sousa
Kaiser Sousa's picture

full fucking propaganda retard....

what a fucking joke of a country.......

Tue, 08/25/2015 - 10:14 | 6468300 Salsa Verde
Salsa Verde's picture

We are the all singing all dancing crap of the world!

Tue, 08/25/2015 - 10:18 | 6468315 J Jason Djfmam
J Jason Djfmam's picture

Schroedinger's Consumer Confidence.

Tue, 08/25/2015 - 10:21 | 6468319 Dr. Engali
Dr. Engali's picture

I don't trust either. I trust what I see and hear. I see more store closing, people walking around malls with no bags, more people showing up at the food pantry, and more home for sale signs daily. I hear people complain that they have no money and they are very worried about the future.

Tue, 08/25/2015 - 10:28 | 6468360 BandGap
BandGap's picture

If I am a few minutes late for work I see a lot of guys on my street taking kids out and starting in on lawn work. Lots of guys.

I think pride has made this the silent suffering it is. Most are somewhat ashamed that they cannot find work, maybe have a spouse that works, so they stay quiet and nut it up until things get better. I also hear from the food pantry constantly since we have been providing sonce 1994. They are asking for just a little bit more every time we get a notice.

This has to boil over at some point. Right?

Tue, 08/25/2015 - 11:03 | 6468501 Dr. Engali
Dr. Engali's picture

"This has to boil over at some point. Right?"

 

Honestly. I thought it would long ago. Now, I'm not so sure.

Tue, 08/25/2015 - 11:42 | 6468610 Arthur Schopenhauer
Arthur Schopenhauer's picture

When you're raising your hand to try and get noticed, amongst the thousands of other people clamoring behind a flatbed truck in the morning to try to get work picking fruit in an orchard for just one days pay, thats when it will probably begin to boil over.

On the other hand, a lot of people are very thankful that others like yourself still have the decency to be charitable, and God Bless you. 

Tue, 08/25/2015 - 11:04 | 6468505 toady
toady's picture

The wife's constantly beating me with this pride stuff. She has too much pride to retire and accept "welfare" (her pension and/or SS). I don't have any pride because I do, etc.

I don't know why I let it bother me. She was just screaming this shit for a couple hours yesterday, and now I'll be pissed for a while.

Tue, 08/25/2015 - 11:58 | 6468697 J Jason Djfmam
J Jason Djfmam's picture

Better get it while you can.

 

Tue, 08/25/2015 - 10:22 | 6468327 Omen IV
Omen IV's picture

if its so good - then why are they showing up for trump & sanders?

 

seems like a protest to me

Tue, 08/25/2015 - 10:22 | 6468328 loregnum
loregnum's picture

No propaganda from the U.S government exists though. That's what the sheeple say. That type of stuff only exists in those evil countries like China and Russia....

Tue, 08/25/2015 - 10:28 | 6468362 clade7
clade7's picture

Doc is dead on....I aint never seen so many heroin addicts stumbling around at all hours in my life!  No matter the time of day or weather...somebody must be shipping this shit in here in a gosh darn semi truck on a weekly basis...

Tue, 08/25/2015 - 12:42 | 6468872 AlfredNeumann
AlfredNeumann's picture

Most of the Afghan heroin is shipped into Ramstein AB ,Germany and Incirlik AB, Turkey .  Using military aircraft.

Tue, 08/25/2015 - 10:30 | 6468372 Son of Captain Nemo
Son of Captain Nemo's picture

Feels like we're living in this Star Trek episode!...

Tue, 08/25/2015 - 10:58 | 6468486 recidivist
recidivist's picture

It is the best of times, it is the worst of times.

I had to have the yin-yang coffee table.

One is like fire, one is like ice.  I try to be like lukewarm water.

Tue, 08/25/2015 - 11:32 | 6468601 Bit Coin Hacker
Bit Coin Hacker's picture

Why come me lease new Caddy for less pennies than cable pay.

I gett dummer dummer by time.

Who ever doin it it working.

i take nap now weres my binky

Tue, 08/25/2015 - 11:50 | 6468658 MFL8240
MFL8240's picture

Get this shit off the news.  This is a lie, this is not an economic report!

Tue, 08/25/2015 - 12:25 | 6468806 Government need...
Government needs you to pay taxes's picture

I'll trust the 'Confidence Board's' number. ;)

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