Consumers Feel More Confident Featured

By Staff Writer September 25, 2018

The Conference Board Consumer Confidence Index increased in September, following a large improvement in August.

The Index now stands at 138.4, up from 134.7 in August.

Consumers’ outlook for the labor market was also more upbeat. The proportion expecting more jobs in the months ahead increased from 21.5 percent to 22.5 percent, while those anticipating fewer jobs decreased from 13.2 percent to 11 percent. Regarding their short-term income prospects, the percentage of consumers expecting an improvement declined from 25.4 percent to 22.6 percent, but the proportion expecting a decrease declined marginally, from 6.9 percent to 6.5 percent.

Last modified on Thursday, 27 September 2018 02:11

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