When U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner met last week with their Chinese counterparts in Washington, D.C., they pledged closer cooperation in dealing with a host of pressing economic issues, not the least of which are protectionist barriers to global trade. Yet, while policy makers in both countries – and other global leaders – champion principles of free and balanced trade, their respective populations seem to have mixed views on the topic.
Responding to a 52 nation survey by the Nielsen Company, close to half (45%) …

According to the latest Nielsen Global Confidence Survey conducted in the second half of June, Australians are seeing encouraging signs of economic recovery with strong consumer confidence levels and optimism about the state of their finances and willingness to spend over the next 12 months.
Australia ranked fifth of the 28 markets Nielsen measures, just behind fast-growing developing countries Indonesia, India, the Philippines and Brazil, and well ahead of other developed nations.
Forty-four percent of Aussies believe “now is a good/excellent time to buy the things they want,” second highest of all …

Consumer confidence around the world has been falling as the ongoing recession is causing more people to worry about their jobs and cut household spending.  And although residents of the United Arab Emirates share those concerns, they rank in the top ten of the most optimistic countries of the 52 studied by Nielsen.  The UAE scored a confidence level of 89, compared with other regional neighbors such as Saudi Arabia (79) and Egypt (74).  Globally, Indonesian consumers were the most confident, with a score of 104, followed by the Danes …

Global consumer spending appears to be on the rebound, driven by sales gains in China, India, the U.S. and Canada in April, another indication that the global economy may be stabilizing as consumer attitudes and confidence turn up. For the first time in four months, since the creation of the Nielsen Economic Current (NEC) scorecard of consumer behavior, a monthly report from The Nielsen Company, none of 10 major GDP countries showed declines in consumer activity compared to the previous month.
“Although consumers are still not shopping as frequently, we are …

Global consumer confidence has reached an all-time low, according to the Nielsen Global Consumer Confidence Index [download]. Thrifty habits being formed during the downturn will carry over into the recovery.
In the past six months, the index has plummeted to a record low 77 points from 84 points. The catalyst: Latin America, Russia and other emerging nations are now feeling the full effects of a recession that began in the United States, officially, in December.
Though consumer anxieties about the economy take many forms, the most widespread fear centers on job loss. …

Nielsen today unveiled the Economic Current, a monthly study that will track key consumer and retailing trends on a global, regional and country-wide basis. Using the vast amount of consumer data collected by Nielsen, the Economic Current will serve as a centralized source of information on key consumer topics such as:
• Market Index volume, in terms of unit and country currency change
• Retail channel shifting
• Shopping frequency and spending trends
• Overall consumer confidence
“Nielsen collects and analyzes data on tens of thousands of products around the world. As we were thinking of new …

As the world grapples with a global recession and financial markets remain volatile, many people are reminding themselves that money can’t buy happiness. Men however, beg to differ.
Results of a global happiness survey from The Nielsen Company reveal that men are happier with money, while women are happier with friendships and relationships with their children, co-workers and bosses.
“Because they are happier with non-economic factors, women’s happiness is more recession-proof, which might explain why women around the world are happier in general than men are,” said Bruce Paul, VP Consumer Research, …