Consumer confidence 3D gear graphic reporting the Conference Board Consumer Confidence Index.
The Conference Board Consumer Confidence Index (CCI) rose modestly in February after months of a post-election decline driven by a more negative view of the future. The Index now stands at 91.3 (1985=100), an increase from a slightly upwardly revised 88.9 reading for January.
The Present Situation Index based on consumers’ assessment of current business and labor market conditions rose from 85.5 to 92.0. The percentage saying conditions are “good” rose from 15.8% to 16.5%, while the proportion claiming business conditions are “bad” fell from 42.4% to 39.9%.
But the Expectations Index based on consumers’ short-term outlook for income, business, and labor market conditions fell again, from 91.2 last month to 90.8 in February. The percentage expecting conditions to improve over the next six months fell from 34.1% to 31.0%, while those expecting to worsen also declined, fr