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 Index Down Slightly; Consumers Don't See Economy Losing Momentum
Apr 4, 2012
 Printable format
 Email this Article
 Search

The Conference Board Consumer Confidence Index, after an increase in February, slipped slightly in March to stand at 70.2, down from 71.6 in February. The Present Situation Index rose from 46.4 in February to 51.0 in March. The Expectations Index moved from 88.4 in February to 83.0 in March.

"Consumer Confidence pulled back slightly in March, after rising sharply in February," said Lynn Franco, Director of The Conference Board Consumer Research Center. "The moderate decline was due solely to a less favorable short-term outlook, while consumers' assessment of current conditions, on the other hand, continued to improve. The Present Situation Index now stands at its highest level in three and a half years (61.1, Sept. 2008), suggesting that despite this month's dip in confidence, consumers feel the economy is not losing momentum."

Consumers' appraisal of current conditions improved in March:
* those claiming business conditions are good: 14.3%, up from 13.7% in February
* those claiming business conditions are bad also increased: 32.7% in March, up from 31.7%

Consumers' assessment mixed of the job market:
* those saying jobs are plentiful: 9.4% in March, up from 7.0%, in February
* those stating jobs are hard to get also rose: 41.0% in March, up from 38.6% in February

Consumers were less optimistic about the short-term outlook:
* consumers expecting business conditions to improve in the next six months: 19.2% in March, from 18.9% in February
* those anticipating business conditions will worsen also rose: 13.5% in March, from 11.8% in February

Consumers' outlook for the labor market:
* those anticipating more jobs in the months ahead: 17.3%, from 18.8%
* those anticipating fewer jobs: 18.3%, from 16.4%.

The proportion of consumers expecting an increase in their incomes improved slightly, from 15.5% in February to 15.8% in March.

Back to Daily News

 

Daily News

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

Sep 19, 2014: Builder confidence at highest level since Nov. 2005

Sep 19, 2014: Builders Show, Kitchen/Bath Show, and 3 other events converge for 2015 Design & Construction Week

Sep 19, 2014: GE Appliances supporting Susan G. Komen

Sep 18, 2014: AHRI at White House unveils $5 billion refrigerant R&D plan

Sep 18, 2014: Solar microinverter market could break $1 billion by 2018

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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows