Consumers Expect More Jobs Featured

By Staff Writer March 01, 2018

 

The Conference Board Consumer Confidence Index increased in February, following a modest increase in January.

The Index now stands at 130.8, up from 124.3 in January.

Consumers’ outlook for the job market was also more positive.

The proportion expecting more jobs in the months ahead increased to 21.6 percent from 18.7 percent, while those anticipating fewer jobs declined to 11.9 percent from 12.5 percent. Regarding their short-term income prospects, the percentage of consumers expecting an improvement increased to 23.8 percent from 20.6 percent, however, the proportion expecting a decrease also rose, to 8.6 percent from 7.9 percent.

 

Last modified on Thursday, 01 March 2018 22:22