Recent global economy articles
Global consumers are increasingly feeling confident about the economy and their finances. While Asia is leading the rebound, signs point to improved consumer behavior in other parts of the world.
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Consumers around the world are expressing more confidence about their personal financial situations, according to the most recent Nielsen Global Consumer Confidence Index.
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Nielsen’s survey of more than 18,250 affluent individuals across 35 Indian metro areas, initiated a new method of defining affluence.
[read more]Consumers’ hopes for an end to the Global Economic Crisis have been bolstered in the 2nd Quarter 2009, according to a Nielsen Global Consumer Confidence Survey released today. The Nielsen Global Consumer Confidence Index, conducted in 28 markets in June 2009, rose to 82 – an increase of 5 points (from 77) from March 2009 – spurred by renewed consumer optimism and stock market gains in BRIC markets (Brazil, Russia, India, China) and key Asian countries. [See full graphic for complete details]
“In the previous Nielsen Global Consumer Confidence survey conducted …
[read more]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 …
[read more]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 …
Despite recent optimism about a turnaround in the global economy, consumer activity in the United States and China showed significant declines during the month of March. The change was led by a continued decrease in shopping trips and consumer transactions, according to the Nielsen Economic Current scorecard. The U.S. decline may be partially attributed to the Easter holiday occurring in March last year, while it took place in April this year. Similarly, the drop in China may have been affected by the Chinese New Year (a high sales peak), which …
[read more]Todd Hale, Senior Vice President, Consumer & Shopper Insights, Nielsen U.S., Jonathan Banks, Director Retail Insights, Nielsen Europe, James Russo, Vice President of Marketing, Nielsen U.S., Jean-Jacques Vandenheede, Director Retail Insights, Nielsen Europe
CI SUMMARY: A shift from nice-to-have to need-to-have assortment and retailing is a common thread across the U.S. and abroad. An interview with Nielsen’s top industry thought leaders reveals how shopping patterns across the world have been affected by the economic downturn, how consumer packaged goods manufacturers and retailers are coping and what lies ahead for the rest …
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