consumer confidence Archives - Pittsburgh Quarterly

Southwestern Pennsylvanians don’t believe that the COVID-19 pandemic is over, but continuing to wear a mask is something fewer and fewer are willing to do, a new survey suggests. Meanwhile, consumer confidence in the local economy dipped in June and optimism among residents about their personal financial situations fell for the first time this year. …

Virus Still Seen as Threat; Consumer Optimism Slows Read More »

Regional News

Pandemic’s Disruptive Path Still Haunts the Unemployed

by Jeffery Fraser

Fallout from the pandemic is discouraging a significant number of unemployed southwestern Pennsylvanians from looking for work, even as businesses reopen and COVID cases decline, according to a recent survey. Caring for children, dependent older adults and others was the most common reason for not looking for work that was given by unemployed workers who …

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Regional News

Consumer Confidence Trending up in Region

by Jeffery Fraser

Confidence in the economy and their personal financial situation is rising among consumers in southwestern Pennsylvania as pandemic restrictions on businesses ease and the COVID vaccine reaches more people. But confidence in the local economy and their own employment outlook remain much lower than before the pandemic, despite the recent surge in optimism, according to …

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Regional News

Pandemic Saps Confidence in Jobs Outlook, Economy

by Jeffery Fraser

Concern about their jobs and the local and national economies is widespread among people in southwestern Pennsylvania as the COVID-19 pandemic drags into its second year. In January, their confidence in all three fell to some of the lowest levels since the region’s first case of the coronavirus was reported 11 months ago, a new …

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Regional News

Consumer Worries Mount as Pandemic Toll Worsens

by Jeffery Fraser

Southwestern Pennsylvania businesses face the prospect of a rough holiday season with a large share of shoppers expecting to spend less than they did last year as the relentless COVID-19 pandemic continues to wear down consumer confidence. Confidence in the economy, personal finances and prospects for employment fell in November to some of the lowest …

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Regional News

COVID Hammers Consumer Confidence in Pittsburgh

by Jeffery Fraser

The COVID-19 pandemic has beaten down southwestern Pennsylvania’s confidence in the local and national economies, employment and personal finances. Even with sentiment rising in the past two months, the outlook of most consumers remains bleak. Confidence has swung wildly since March as consumers for the first time learned what life is like during a global …

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