Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Consumer Confidence Improves in November
Nov 30, 2011
 Printable format
 Email this Article
 Search

The U.S. Consumer Confidence Index, after an October decline to 40.9, improved in November to 56.0 (1985=100), according to the Conference Board.

The Present Situation Index rose from 27.1 in October to 38.3 in November. The Expectations Index rose from 50.0 to 67.8.

Consumers' assessment of business conditions now:
• consumers who said business conditioners are good: 13.3% (11.2% in October)
• consumers who said business conditions are bad: 38.2% (43.7% in October)

Consumers' assessment of the labor market now:
• consumers who said jobs are plentiful: 5.8% (3.6% in October)
• consumers who said jobs are hard to get: 42.1% (46.9% in October)

Consumers' assessment of business conditions in the next six months:
• consumers expecting business conditions to improve in the next six months: 13.6% (10.2% in October)
• consumers expecting business conditions will worsen: 15.8% (21.3% in October)

Consumers' assessment of the labor market in the next six months:
• consumers' expecting more jobs: 12.9% (10.8% in October)
• consumers expecting fewer jobs: 24.1% (27.6% in October)

Consumers expecting an increase in their income: 14.9% (11.1% in October).

"Confidence has bounced back to levels last seen during the summer (July 2011, 59.2)," said Lynn Franco, director of The Conference Board Consumer Research Center. "Consumers' assessment of current conditions finally improved, after six months of steady declines. Consumers' apprehension regarding the short-term outlook for business conditions, jobs and income prospects eased considerably. Consumers appear to be entering the holiday season in better spirits, though overall readings remain historically weak."

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows