Consumer Confidence moves up

Retail Editor 8, August 31, 2010

New York - With consumers feeling a little better about the improving health of the economy, the Consumer Confidence Index rose to 53.3 in August, up from 51.0 in July.

Lynn Franco, director of The Conference Board Consumer Research Center, notd 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%.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!