consumer-confidence | ABS-CBN News

US consumer confidence continues falling: survey

Agence France-Presse
Posted at Jul 27 03:06 AM

Supply chain snarls, made worse by COVID-19 lockdowns in China, meant demand has outstripped supply, and that dynamic has fueled a surge in prices. Read more »

US consumer confidence deteriorated in May: survey

Agence France-Presse
Updated as of Jun 01 08:39 AM

Americans' feelings about the economy deteriorated in May amid concerns about job prospects, but remained relatively strong even as high inflation bites, according to a survey released Tuesday. Read more »

Domestic economy seen to return to pre-pandemic level in Q2

ABS-CBN News
Posted at May 24 12:06 PM

The Philippine's domestic economy is likely to return to its pre-pandemic level in terms of activities in the second quarter barring any further tightening in mobility restrictions, Presidential Adviser for Entrepreneurship Joey Concepcion said Tuesday. Read more »

40 pct of Filipinos says quality of life worse in Q4: survey

ABS-CBN News
Posted at Mar 07 10:03 AM

At least 40 percent of Filipinos in the fourth quarter of 2021 said their quality of life was worse than 12 months before, according to a survey by the Social Weather Stations released Monday. Read more »

Private firms unite for economic recovery, launch 'Ingat Angat Tayong Lahat' campaign

ABS-CBN News
Posted at Oct 09 04:05 PM

The biggest brands and conglomerates in the country launched on Friday a campaign to boost economic recovery while ensuring safety from COVID-19. Read more »

DTI urges Filipinos to buy local this Christmas to help economy

Bruce Rodriguez, ABS-CBN News
Posted at Oct 06 09:24 PM

The Department of Trade and Industry called on Filipinos on Tuesday to buy locally-made goods and support homegrown establishments this Christmas season to help the economy recover from the COVID-19 pandemic.   Read more »

Consumers, businesses see gloom continuing in coming months, says BSP survey

ABS-CBN News
Posted at Sep 24 10:37 PM

The BSP Consumer Expectations Survey showed the consumer confidence index plunging to a record low of minus-54.5 percent in the third quarter, the lowest since the start of the nationwide survey in the first quarter of 2007. Read more »

BSP says Philippines poised to recover from virus fallout 'as quickly as possible'

ABS-CBN News
Updated as of Aug 10 10:33 AM

Bangko Sentral ng Pilipinas Gov.Benjamin Diokno said Monday the Philippines could recover from the "temporary" economic plunge due with its strong fundamentals.    Read more »

SM Prime to 'conserve' resources while seeking growth during pandemic

ABS-CBN News
Posted at Jun 16 09:07 AM

The shopping mall and property holding arm of the SM Group told shareholders Tuesday it would focus on "financial flexibility" to ride out the coronavirus pandemic, as it declared P5.34 billion in dividends. Read more »

China's factories hum back to life minus consumers

Keith Bradsher, The New York Times
Posted at Apr 29 07:54 AM

An unemployed young college graduate has stopped buying new sneakers. A clothing store clerk gave up his gym membership. An events planner, his pay cut by four-fifths, now moonlights as a takeout delivery driver — and can no longer afford to eat out. Read more »