Tag Archives: Fung Business Intelligence Centre

Consumer Confidence Bounced Back In March… Will Spending Follow?

From Forbes on April 4, 2016:

U.S. consumers have a brighter outlook for the short-term health of the economy, according to the latest Prosper data. The real question, however, is will it spring consumer spending? Deborah Weinswig, Managing Director, Fung Global Retail & Technology, has weighed in again this month on some of Prosper’s leading indicator analytics including Prosper Consumer Confidence, the Prosper Spending Forecast, the Prosper Impulsivity Score, and the Consumer Mood Index, and what they indicate about future spending. Continue reading…

Consumer Confidence Is Down, Will Consumer Spending Follow?

From Forbes on March 3, 2016:

The market continues its rocky ride. Deborah Weinswig, Executive Director, Head of Global Retail & Technology, Fung Business Intelligence Centre, has weighed in on some of Prosper’s leading indicator analytics including Prosper Consumer Confidence, the Prosper Spending Forecast, and the Prosper Impulsivity Score and what they indicate about future spending. Continue reading…

Prosper Consumer Confidence Is Off, How Will It Impact Spending?

The latest from Prosper on Forbes.com

This month, Deborah Weinswig, Executive Director, Head Global Retail & Technology, Fung Business Intelligence Centre, has provided comments on some of Prosper’s leading indicator analytics including Prosper Consumer Confidence, the Prosper Spending Forecast, the Prosper Impulsivity Score, and the Prosper Mood Index.

Prosper Consumer Confidence: At 42.5%, consumer confidence is down nearly four points month-over-month. This month’s reading represents a 15% decline from Jan-15 (50.1%) as well as a 13 month low. “With this survey fielded January 5 – January 12, concurrent with a 3.9% drop in the S&P 500, consumers no doubt were rattled by the week’s stock market performance and its negative impact on household wealth entering 2016,” according to Deborah Weinswig. “It is worth noting that continue reading…

Prosper Insights & Analytics and Fung Business Intelligence Centre Announce Strategic Alliance

Columbus, Ohio and Hong Kong, China — October 19, 2015 — Prosper Insights & Analytics™, a leading provider of business intelligence solutions, and Fung Business Intelligence Centre (FBIC), the research arm of the Hong-Kong based multinational Fung Group, announced today that they have formed a strategic alliance to provide unique insights and analysis on retail and technology trends regarding U.S. and Chinese consumers. As part of the alliance, the FBIC experts will have access to Prosper’s consumer and market information as well as predictive analytics and software applications which they can use as a source for special analysis to be included in articles, reports and other publications. Continue reading