Sunday, September 9, 2012

USA Consumer Confidence Drops to 9-Month Low, More Pessimistic Outlook

$ $ $

The Conference Board: Consumer Confidence Index

Consumer Confidence Index by Month

Says Lynn Franco, Director of The Conference Board Consumer Research Center, "The Consumer Confidence Index is now at its lowest level since late last year (Nov. 2011, 55.2). A more pessimistic outlook was the primary reason for this month's decline in confidence. Consumers were more apprehensive about business and employment prospects, but more optimistic about their financial prospects despite rising inflation expectations. Consumers' assessment of current conditions was virtually unchanged, suggesting no significant pickup or deterioration in the pace of growth."

Consumer Confidence Index by Year

$ $ $

No comments:

Post a Comment

Seeking Alpha