In the latest online survey, conducted Aug. 13-Sept. 5, 2014, consumer confidence increased in 65% of the markets measured by Nielsen, compared to 52% in the second quarter. Among the world’s biggest economies, consumer confidence increased four points in the U.S. (108), one point in Germany (97), three points in the U.K. (93) and four points in Japan (77), from the second quarter. Meanwhile, consumer confidence in China held steady at 111 for the fourth consecutive quarter.
Consumer confidence in the North America region improved most, rising four points to 107—a score that matches Asia-Pacific’s index for the first time in Nielsen’s Consumer Confidence history (since 2005). Asia-Pacific’s index increased one point. Confidence also increased three points in the Middle East/Africa (96), one point in Latin America (91) and one point in Europe (78), from the previous quarter.
The latest results reflect an outlook of cautious optimism, as every region’s consumer confidence score improved compared to the previous quarter.
- 52% believed the job market would be good or excellent in the next 12 months, a 2 percentage-point increase from the second quarter.
- 57% of global respondents rated their personal finances as good or excellent for the upcoming year, compared to the average annual low reported in 2009 of 46%—an 11 percentage-point increase.
- North American respondents showed the most dramatic increase in job prospect expectations, as perceptions about employment opportunities rose to 55% in the third quarter—a 9 percentage-point improvement in 12 months (from 46% in Q3 2013).