Consumer Confidence Declines for Third Month in a Row

With 163 million employed workers, employment in the Euro Area has reached record-high levels in Q2 2022. Although hiring expectations are on a downward trend since March across all industries, the labor market is currently incredibly tight. Marion Devine, Associate Director for Insights on Human Capital, and Bettina Schaller, Senior Vice President Public Affairs for Adecco, and President of the World Employment Confederation discuss with Conference Board Ilaria Maselli how companies can improve the mental and financial wellbeing of workers, how demographic change is transforming the labor force, and how Gen-Z will change the way we work.

Despite having more than doubled since 2010, renewable energy makes up less than 20 percent in the US' electricity mix.  In this podcast episode, chief economist Dana Peterson discusses with senior economists Alex Heil and Erin McLaughlin the trends in the energy sector and how those affect businesses and households. They cover the uneven playing field in various states in the US, the costs of renewables and battery technologies, potential obstacles to a greater adoption of renewables, and what role federal and local policies play. You can find our report, Renewable Sources, here: https://www.conference-board.org/topics/tags.cfm?parent=energy-global-growth&child=State-of-Renewable-Energy-2022

The Conference Board Consumer Confidence Index® decreased for the third consecutive month in July, following a larger decline in June. The Index now stands at 95.7 (1985=100), down 2.7 points from 98.4 in June. Join Lynn Franco, Senior Director of Economic Indicators at The Conference Board as she talks with Chief Economist Dana Peterson about how inflation and additional Fed rate hikes are likely to continue posing strong headwinds for consumer spending and economic growth over the next six months.

The Conference Board Consumer Confidence Index® fell again in June Join Lynn Franco, Senior Director of Economic Indicators and Chief Economist Dana Peterson as they discuss why the risk of recession is rising, the one thing sparking confidence in consumers about the economy, and why the inflation expectation measure spiked to an all-time high.

A new set of lockdowns and the recent bond with Russia are reshaping the way businesses view China. In this podcast Ilaria Maselli asks David Hoffman – Senior VP Asia – to share views on the outlook for the economic recovery in China after the end of the lockdowns, how long China will stick to its zero-COVID policy, and the nature of the Sino-Russian relation. They also discuss what the war in Ukraine tells us about Taiwan, and how multinational companies view the future of doing business in China in the new geopolitical environment. See here the report Taiwan ≠ Ukraine: A Pragmatic Assessment.

The Conference Board Consumer Confidence Index® decreased slightly in May, following a small increase in April (after an upward revision). Join Lynn Franco, Senior Director of Economic Indicators at The Conference Board as she talks with Chief Economist Dana Peterson about how inflation, rising interest rates and perceived softening in the labor market all played a part in this month's survey.

How does the use of financial services vary across Asian, Black, Hispanic, and White (Non-Hispanic) consumers in the US, and how can companies address existing services gaps? And how do multicultural consumers use restaurants, travel, personal services, education, and other services to express their ethnic origins, and what this all means for companies as US demographics are changing?    Listen to this conversation by Ivan Pollard, Leader of the Marketing & Communications Center, with Dana Peterson, Chief Economist, and Denise Dahlhoff, Senior Researcher, about The Conference Board's latest findings from its multicultural research series in collaboration with General Mills.

Semiconductors are found in just about everything we use – from cars to cell phones to refrigerators. But there seems to not be enough of them, and in the right places. Are we experiencing a computer chip crisis or is this sentiment overblown? How are semiconductors fueling inflation and affecting supply chains? What are businesses doing to overcome the challenges? What are opportunities for both users and producers of such a critical input? Listen, learn, and act!

In this podcast, Claudio Murri, Council Director for the Public Affairs Executives Council, discusses with two seasoned practitioners from the public affairs/government relations Brussels-based community how the conflict in Ukraine has impacted their profession. The current war has put even more pressure on the ethical and value-based aspects of the role and is changing the rules of engagement with policymakers. At a time when business leaders are increasingly being pushed to base their investment decisions on geopolitical – as well as pure commercial – considerations, Murri, explores how the role of public affairs professionals as strategic advisors, both inside and outside companies and organizations, is possibly becoming more relevant.

The Conference Board Consumer Confidence Index® decreased slightly in April, after an increase in March. Join Lynn Franco, Senior Director of Economic Indicators and Chief Economist Dana Peterson as they discuss how concerns about inflation retreated from an all-time high, but remain elevated, and how inflation and the war in Ukraine may further curb consumer spending this year.