Worker confidence fell for the third consecutive month in Philadelphia, as the city’s Hudson Employment Index (SM) dropped 5.1 points to 94.1 in July. All factors contributing to the measure of worker confidence played a role in the decline. The latest reading is more than five points shy of last July’s Index of 99.3. The national Index, based on responses from approximately 9,000 workers nationwide, rose 4.6 points to 105.8 in July.
Confidence among manufacturing workers plummeted in July as the sector’s Hudson Employment Index (SM) fell 11.2 points to 87.9. Decreased job satisfaction, lessened hiring expectations and increased concern over job loss drove the decline. The latest reading is virtually the same as last July’s reading of 87.7. The composite Index, based on responses from approximately 9,000 workers across all sectors, rebounded in July, raising 4.6 points to 105.8.
Ending a four-month downward skid, the Hudson Employment Index (SM) for Los Angeles rose 4.5 points to 99.6 in July. Renewed confidence in hiring and personal finances contributed to the increase. The latest reading is in line with last July’s 98.7. The composite Index, which is based on responses from approximately 9,000 workers nationwide, also rose 4.6 points to 105.8 in July.
Worker confidence waned in San Francisco for the second month in a row, as the city’s Hudson Employment Index (SM) slipped 2.2 points to 106.5. Less optimism around finances largely influenced the drop. Despite the decrease, San Francisco’s latest Index is well above last July’s 100.4. The composite Index, which is based on responses from approximately 9,000 workers nationwide, rose 4.6 points to 105.8.
After four consecutive months of decline, worker confidence in California rose in July, as the state’s Hudson Employment Index (SM) gained 6.9 points to come in at 109.1. Improved financial sentiments and greater hiring expectations drove the rise. California’s latest Index is virtually the same as last July’s reading 0f 108.7. The national Index, based on responses from approximately 9,000 workers across the country, also rebounded 4.6 points to 105.8.
Consumer spending confidence rebounded slightly in July, according to a random survey of 15,000 US adults conducted last month for the Discover (R) Consumer Spending Confidence Monitor (SM).
While the sale of the Wall Street Journal captured business headlines for weeks, the story failed to capture much public interest.
Following a dramatic drop in June, the Hudson Employment Index(SM) climbed 4.6 points to 105.8 in July. Renewed optimism about personal finances, layoffs and job security triggered the increase.
Economic confidence among small business owners rose in July as more small business owners expressed increased levels of confidence in the economic conditions for their business and reported fewer cash-flow issues.
The Discover(R) Spending Confidence Monitor(sm) revealed only 34 percent of consumers expected to spend more in July than they did in June, a six point decline from last month's inaugural survey.
According to a new survey by Country Insurance & Financial Services, 43 percent believe saving for college is more important, while another 43 percent say retirement takes precedence.
Eighty-six percent (86%) of Americans oppose a proposal to increase gasoline taxes by 50 cents a gallon. A Rasmussen Reports national telephone survey found that just 8% favor such a tax hike.
Atlanta’s worker confidence took a nose dive in June, as the city’s Hudson Employment Index (SM)crashed 19.7 points to 103.
Worker confidence in Pennsylvania rose in June, as the state’s Hudson Employment Index (SM) increased 2.7 points to 108.4.
The Hudson Employment Index (SM) for Tampa declined for the second consecutive month, plunging 13.1 points to a record low of 96.1 in June.
After a substantial jump in May, worker confidence among accounting and finance workers plummeted in June, as the group’s Hudson Employment Index (SM) fell 9.8 points to 106.3.
Florida worker confidence fell for the third month in a row, as the state’s Hudson Employment Index (SM) plummeted 16.6 points to 97.7.
Worker confidence fell among both African-Americans and Hispanics in June.
Confidence among workers in the legal sector fell for the second consecutive month, as their Hudson Employment Index (SM) inched down one point to 112.0.
Worker confidence in Boston cooled in June following May’s spike, as the city’s Hudson Employment Index (SM) fell 3.8 points to 101.3.
