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Solid gains in consumer optimism for the rest of 2020 |
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DURHAM, New Hampshire USA, June 11, 2020… U.S. consumer confidence™ falls in June for a fourth month in a row. e-forecasting.com's conventional, "statistically low order" barometer, reflects the change in mood of Americans over the next six months for the world's largest market consisting of $15 trillion consumer spending per year.
Combining deep-diving into higher order business predictive analytics, and survey-derived consumer preferences and expectations in an ever-changing (dynamic) optimization model has created a monthly innovative “consumer thinking barometer™” about future spending activities. In June, the answer to the question: what's the thinking?, ..the barometer "displays to thought leaders a solid optimism about the economy over the next six months," said Evangelos Otto Simos, professor (in exile) at the University of New Hampshire and editor-in-chief of the U.S. Consumer Confidence Digest.
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inquiries email:
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May Consumer Optimism Soars Signaling an Upcoming Big Boom |
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DURHAM, New Hampshire USA, May 18, 2020… U.S. consumer confidence™ falls in May for a third month in a row. e-forecasting.com's conventional, "statistically low order" barometer, reflects the change in mood of Americans over the next six months for the world's largest market consisting of $15 trillion consumer spending per year.
Derived from deep diving into higher order analytics, advanced thinking processes driven by artificial intelligence (AI) and ever-changing (dynamic) optimization, the monthly innovative “consumer optimism” barometer, which in May crosses the inevitable chasm between what’s next and what’s now,"...visualizes to thought leaders a rising optimism about the economy over the next six months," said Evangelos Otto Simos, professor at the University of New Hampshire and editor-in-chief of the U.S. Consumer Confidence Digest.
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Media inquiries for full press release contact:
media-list@e-forecasting.com For research-data
inquiries email:
research-data@e-forecasting.com |
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Led by high-income group, U.S. consumer confidence jumps in December |
DURHAM, New Hampshire USA, December 12, 2019… e-forecasting.com™ U.S. consumer confidence, a barometer for the world's largest market consisting of $15 trillion purchases per year, rises in December for a second month in a row. The early bird's research findings visualize the U.S. economy to be on the expansion phase of its business cycle six months from now.
In the published today December issue of the U.S. Consumer Confidence Digest, the barometer of Americans' outlook on the economy, extracted from analytics on what's next vs. what's now, "...predicts rising optimism for future business activity," said Suwen Duan, Senior Data Scientist at MIT, VP for Artificial Intelligence (AI) at e-forecasting.com, and editor of the Digest.
Combining business-cycle time-series predictive analytics, like monthly-gdp™, gdp-gap, recession chronology, with proprietary consumers' expectational derivatives (higher-order data) – which are optimally mined from Prosper's™ survey and then efficiently are modeled in a business intelligence platform to display (visualize) today that "… the probability for an upcoming recession has declined to 26.5% in December from 44.1% in November. Consequently, the probability for a future U.S. economic expansion posted a reading of 73.5%...", said Evangelos Otto Simos, professor at the University of New Hampshire and editor-in-chief of the Digest.
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Media inquiries for full press release contact:
media-list@e-forecasting.com For research-data
inquiries email:
research-data@e-forecasting.com |
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Led by upper mid-income group, U.S. consumer confidence rises in November |
DURHAM, New Hampshire USA, November 7, 2019… e-forecasting.com™ earliest, final and never revised reading of U.S. consumer confidence, for the world's largest consumer market of $15 trillion purchases per year, rises in November, after three consecutive declines.
In the published today November issue of the U.S. Consumer Confidence Digest, the barometer of consumers' outlook, which visualizes Americans' optimism derived from analytics on what's next vs. what's now, "...predicts rising optimism for business activity over the next six months," said Suwen Duan, VP for Artificial Intelligence (AI) at e-forecasting.com, scientist at MIT, and editor of the Digest.
Using business-cycle time-series predictive analytics, like monthly-gdp™, recession chronology, and proprietary consumers' expectations derivatives (higher order data) from Prosper's™ national survey, the intelligence model envisions that "… the probability for an upcoming recession declined to 43.9% in November from 50.1% in October. As a result, the probability for a future expansion posted a reading of 56.1%...", said Evangelos Otto Simos, professor at the University of New Hampshire and editor-in-chief of the Digest.
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Media inquiries for full press release contact:
media-list@e-forecasting.com For research-data
inquiries email:
research-data@e-forecasting.com |
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U.S. Consumer Confidence falls in September |
DURHAM, New Hampshire USA, September 12, 2019… e-forecasting.com™ earliest, final and never revised reading of U.S. consumer confidence, for the world's largest consumer market of $15 trillion purchases per year, falls in September, for a second month in a row.
Using predictive intelligence on business-cycle analytics like monthly-gdp™, contraction chronology and consumers' expectations, the model displays that "… the probability for an upcoming recession rose to 49.7% in September from 22.5% in August. As a result, the probability for a future expansion posted a reading of 50.3%...", said Evangelos Otto Simos, professor at the University of New Hampshire and editor-in-chief of the Digest.
In the published today September issue of the U.S. Consumer Confidence Digest, the barometer of consumers' outlook, which visualizes Americans' optimism (pessimism) from analytics on what's next vs. what's now, "...predicts slowing optimism for business activity over the next six months," said Suwen Duan, VP for Artificial Intelligence (AI) at e-forecasting.com, scientist at MIT, and editor of the Digest.
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Media inquiries for full press release contact:
media-list@e-forecasting.com For research-data
inquiries email:
research-data@e-forecasting.com |
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U.S. Consumer Confidence fell in August |
DURHAM, New Hampshire USA, August 12, 2019… e-forecasting.com™ earliest and
always final reading of U.S. consumer confidence, for the world's largest
consumer market of $15 trillion, fell in August, after five consecutive monthly
increases since last March.
In the published today August issue of the U.S.
Consumer Confidence Digest, the barometer of consumers' outlook, which
visualizes Americans' optimism (pessimism) from analytics on what's next vs.
what's now, "...predicts rising optimism for business activity over the next six
months," said Suwen Duan, VP for AI Research at e-forecasting.com, data
scientist at MIT, and editor of the Digest.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
For research-data inquiries email:
research-data@e-forecasting.com |
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March Consumer Confidence Falls for a Sixth Month in a Row |
DURHAM, New Hampshire USA, March 11, 2019… e-forecasting.com™ earliest and final for the month US consumer confidence fell in March, following today's update of its predictive analytics database, derived from the largest in scope and size national consumer survey, conducted by Prosper Insights & Analytics™.
According to the highlights of the forward-looking predictive analytics published today in the March issue of the US Consumer Confidence Digest, the popular confidence measure, which is indexed to equal 100 when growth is nil, decreased 0.2 percent points in March to a reading of 108.6, after falling (−0.6 percent points) in February.
"The early bird's news about the level of confidence on the economy expected by consumers, who buy nearly 70% of GDP - lead to the prediction that the United States' business-cycle will be in its slowing down phase six months from now," said Evangelos Otto Simos, professor at the University of New Hampshire and editor of the Digest.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
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| US Consumer Confidence Hits an All-Time High in August |
DURHAM, New Hampshire USA, August 16, 2018… e-forecasting.com's earliest and final-version of its US consumer confidence rose in August, following today's update of the largest in scope and size consumer survey, conducted by Prosper Insights & Analytics™.
According to the highlights published today in the August issue of the US Consumer Confidence Digest, the popular consumer confidence measure, which is indexed to equal 100 when growth is nil, increased 0.2 percent points in August to a reading of 111.7, after rising (+0.3 percent points) in July.
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| US
Consumer Confidence Hits an All-Time High in July |
| DURHAM, New Hampshire USA, July 12, 2018… The e-forecasting.com's earliest and complete monthly US consumer confidence rose in July, following today's update of the largest in scope and size consumer survey, conducted by Prosper Insights & Analytics™.
According to the highlights published today in the July issue of the US Consumer Confidence Digest, the popular confidence measure, which is indexed to equal 100 when growth is nil, increased 0.2 percent points in July to a reading of 111.6, after rising (+0.4 percent points) in June. |
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research-data@e-forecasting.com |
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e-forecasting.com Debuts 50-State Consumer Confidence |
DURHAM, New Hampshire USA, September 7, 2018… e-forecasting.com, a private USA-based, international research and predictive intelligence consulting firm, will debut on Monday, September 17, 2018, the first ever monthly consumer confidence and buying intentions database for all 50 US states, which together produce on an annual basis $20 trillion of GDP and consume 70% of it.
In line with the objective of e-forecasting.com to provide its clients premier disruptive predictive analytics for what's next, the debuting geo-specific consumer confidence database aims to become the earliest possible available decision-making tool about future state business conditions for domestic producers, retailers, worldwide exporters, B2C outlets in global electronic markets; as well as financial institutions for credit, tailored-loans and investment decisions.
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Media inquiries for full press release contact:
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e-forecasting.com Debuts 52-Country Database of Monthly
Consumer Confidence
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DURHAM, New Hampshire USA, September 7, 2018… e-forecasting.com, a private USA-based, international research and predictive intelligence consulting firm, will debut on Friday, September 21, 2018, the first ever monthly worldwide consumer confidence database for 52 countries, which combined produce on an annual basis 76 trillion in US dollars, or 87%, of the world’s GDP.
Measured at purchasing parity prices (PPP) in international dollars the 52 countries, included in the monthly worldwide consumer confidence database, is estimated to generate this year $107 trillion of output (GDP); and, the 52 countries will spend this year on consumption about 75% of their GDP; for satisfying the needs of an astonishing 4.8 billion people living in the 52 countries, whose behavior is captured, month after month, by the predictive analytics of the debuting database.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
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US Hotel Industry Leading (HIL) analytic rose in June |
Durham, New Hampshire USA, Monday, August 20, 2018… A measure of future business activity in U.S. hotels rose in June according to the highlights in the latest issue of the Hotel Industry Leading (HIL) Digest. e−forecasting.com's HIL, a composite of nine predictive analytics which gauge what's next for U.S. hoteliers, increased by 0.2% in June to 138.7, following an increase of 0.2% in May. The index is set to equal 100 in 2010.
"Five of the forward looking indicators of business activity that comprise Hotel Industry Leading (HIL) analytic had a positive contribution to its change in June: Jobs Market; Hotel Profitability; Foreign Demand; New Orders; and Vacation Barometer; four indicators of future business activity had a negative or zero contribution to HIL's change in June: Hotel Worker Hours; Yield Curve; Oil Prices; and Housing Activity…" said Evangelos Otto Simos, Digest's editor and professor at the University of New Hampshire.
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Media inquiries for full press release contact:
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For research-data inquiries email:
research-data@e-forecasting.com |
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US Hotel Industry Leading (HIL) analytic rose in June |
Durham, New Hampshire USA, Monday, August 20, 2018… A measure of future business activity in U.S. hotels rose in June according to the highlights in the latest issue of the Hotel Industry Leading (HIL) Digest. e−forecasting.com's HIL, a composite of nine predictive analytics which gauge what's next for U.S. hoteliers, increased by 0.2% in June to 138.7, following an increase of 0.2% in May. The index is set to equal 100 in 2010.
"Five of the forward looking indicators of business activity that comprise Hotel Industry Leading (HIL) analytic had a positive contribution to its change in June: Jobs Market; Hotel Profitability; Foreign Demand; New Orders; and Vacation Barometer; four indicators of future business activity had a negative or zero contribution to HIL's change in June: Hotel Worker Hours; Yield Curve; Oil Prices; and Housing Activity…" said Evangelos Otto Simos, Digest's editor and professor at the University of New Hampshire.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
For research-data inquiries email:
research-data@e-forecasting.com |
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July monthly GDP on (+3.6%) path for this quarte |
DURHAM, New Hampshire USA, August 17, 2018… e-forecasting.com's monthly real GDP rose in July to $18,581 billion of chained 2012 dollars, expressed at seasonally adjusted annual rates.
According to the highlights published today in US Monthly GDP Digest, the volume measure of the "King of statistics in high frequency" increased by an annual rate of 1.5% in July, following an increase of 3.2% in June.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
For research-data inquiries email:
research-data@e-forecasting.com |
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US Consumer Confidence Hits an All-Time High in August |
DURHAM, New Hampshire USA, August 16, 2018… e-forecasting.com's earliest and final-version of its US consumer confidence rose in August, following today's update of the largest in scope and size consumer survey, conducted by Prosper Insights & Analytics™.
According to the highlights published today in the August issue of the US Consumer Confidence Digest, the popular consumer confidence measure, which is indexed to equal 100 when growth is nil, increased 0.2 percent points in August to a reading of 111.7, after rising (+0.3 percent points) in July.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
For research-data inquiries email:
research-data@e-forecasting.com |
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e-forecasting.com Debuts Top-60 US Cities Monthly Consumer Confidence Database |
DURHAM, New Hampshire USA, August 14, 2018… e-forecasting.com, a private USA-based, international research and predictive intelligence consulting firm, will debut on Monday, October 22, 2018, the first ever monthly consumer confidence and buying intentions database for Top-60 US cities, which together produce on an annual basis $10 trillion, or about one-half of national GDP and consume 70% of it.
In line with the objective of e-forecasting.com to provide its clients premier disruptive predictive analytics for what's next, the debuting city consumer confidence database aims to become the earliest possible available decision-making tool about future city business conditions for domestic producers, retailers, worldwide exporters, B2C outlets in global electronic markets; as well as financial institutions for credit, tailored-loans and investment decisions.
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For research-data inquiries email:
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US Monthly GDP rose 2.0% in June |
DURHAM, New Hampshire USA, August 3, 2018… e-forecasting.com's monthly real GDP rose in June to $18,545 billion of chained 2012 dollars, expressed at seasonally adjusted annual rates.
According to the highlights published today in the US Monthly GDP Digest, the "King of Statistics in high frequency" increased by an annual rate of 2.0% in June, following an increase of 3.5% in May.
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US Economy-Wide Leading Analytic Stalled in July |
DURHAM, New Hampshire USA, August 1, 2018…e-forecasting.com's economy-wide Leading Analytic (eLA)™, a composite indicator of seven forward-looking predictive analytics, held steady in July to a reading of 120.0. Set to equal 100 in 2005, eLA™ historically foreshadows US economic conditions five to six months ahead of the release of monthly GDP.
e-forecasting.com's early bird - released one to two months ahead of the traditional leading indicators made by the Conference Board and OECD - stayed constant in July, after an increase of 0.4 percent in June.
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US Leading Predictive Analytic Rose in June |
DURHAM, New Hampshire USA, July 7, 2018…The e-forecasting.com
Leading Economic Index (eLEI), a composite indicator of seven
time-series forward looking predictive analytics, increased
in June to a reading of 120.0. Set to equal 100 in 2005, eLEI
historically foreshadows US economic conditions five to six
months ahead of the release of monthly GDP.
e-forecasting.com's
early bird - released one to two months ahead of the traditional
leading indicators made by the Conference Board and OECD - rose
0.5 percent in June, after an increase of 0.8 percent in May.
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Media inquiries for full press release contact:
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US Consumer Confidence Hits an All-Time High in July |
DURHAM, New Hampshire USA, July 12, 2018… The e-forecasting.com's
earliest and complete monthly US consumer confidence rose in
July, following today's update of the largest in scope and size
consumer survey, conducted by Prosper Insights & Analytics™.
According to the highlights published today in the July
issue of the US Consumer Confidence Digest, the popular confidence
measure, which is indexed to equal 100 when growth is nil, increased
0.2 percent points in July to a reading of 111.6, after rising
(+0.4 percent points) in June.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
For research-data inquiries email:
research-data@e-forecasting.com |
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US Monthly GDP rose 0.7% in June |
DURHAM, New Hampshire USA, July 20, 2018… e-forecasting.com's
monthly real GDP rose in June to $17,431 billion of chained
2009 dollars, expressed at seasonally adjusted annual rates.
According to the highlights published today in the US Monthly
GDP Digest, the "King of Statistics in high frequency" increased
by an annual rate of 0.7% in June. Figures for June are preliminary
and figures for May are revisions from preliminary data published
last month.
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Media inquiries for full press release contact:
media-list@e-forecasting.com
For research-data inquiries email:
research-data@e-forecasting.com |
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