Indications From The Conference Board

In this podcast, Ilaria Maselli (Senior Economist) and Derek Servais (senior digital media and IT specialist) deep dive into the quarter 2 results for Europe of The Global Consumer Confidence Index by The Conference Board and Nielsen. The new data show that confidence increased in Europe and in the Euro Area. Compared to quarter 1, Europeans are more likely to spend on new clothes, vacations, out of home entertainment and medical. But there are also consumers using the spare cash to nourish their savings or retirement funds, not surprising given the demographic profile of the continent. Europeans are less interested in spending on home improvements and decoration and tech products.