Consumer Confidence Up
September 24, 2010,
Lynn Franco, director of The Conference Board Consumer Research Center, noted that while consumers' view of the short-term outlook has brightened, "employment concerns continue to weigh heavily."
She added: "All in all, consumers are about as confident today as they were a year ago."
Consumers saying jobs are hard to get rose to 45.7% of the 5,000 people surveyed from 45.1% a month earlier. Those who feel jobs are plentiful fell to 3.8% from 4.4%.
Those expecting business conditions to improve over the next six months increased to 17.0%, while those anticipating things will worsen declined to 13.4% from 15.3%.