Tuesday, April 27, 2010

Conference Board Consumer Confidence Up 5.4 Points

In April, the Conference Board Index of Consumer Confidence rose for the second consecutive month, rising 5.4 points to a new cyclical high. The month’s increase was primarily driven by the future expectations component of the index, which rose 7.0 points. It has been this component that has caused most of the volatility in the index in recent months. The current conditions component also improved, but by a lesser 3.4 points. Though consumer confidence is off its cyclical low, it is still at a depressed level relative to the years prior to the downturn.

10.04.27 (Source: Conference Board)

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