Consumer Confidence bounces back.NEW YORK--(BUSINESS WIRE)--March 28, 1995--The Conference Board's Consumer Confidence Index Consumer Confidence Index A measure of consumer views regarding the current economic situation and consumer expectations for the future. Information for the index is compiled and released on the last Tuesday of each month by the Conference Board, an (1985 equals 100), which edged down in February, made up almost all of the loss in March. The current confidence reading is 101, up a point and a half for the month. The Conference Board reports a sturdy sturdy neurological disease in sheep caused by the pressure of a Taenia multiceps metacestode. Called also gid. 5-point increase in the public's assessment of current economic conditions. However, expectations for the months ahead show very little change. In addition, buying plans improved in March. The Conference Board's Consumer Confidence Survey, based on a representative sample of 5,000 U.S. households, is conducted for The Conference Board by NFO NFO Info File (file type extension) NFO New Fund Offer NFO National Farmers Organization NFO Naval Flight Officer (US Navy) NFO National Family Opinion Research Inc., of Greenwich, Conn. "The latest confidence readings continue to be comfortable," says Fabian Linden Linden, city, United States Linden, city (1990 pop. 36,701), Union co., NE N.J., in the New York metropolitan area; inc. 1925. During the first half of the 20th cent. , executive director of The Conference Board's Consumer Research Center. "The current level of consumer confidence has traditionally been associated with a reasonably strong economic performance." In the latest survey, more than one out of every four consumers say prevailing business conditions are "good." This is the highest reading in many years. Only 17% say that current conditions are "bad." On the question of jobs, some 23% say that they are "plentiful plen·ti·ful adj. 1. Existing in great quantity or ample supply. 2. Providing or producing an abundance: a plentiful harvest. ," up slightly for the month. But, just about the same number indicate that jobs are "hard to get." Consumers' expectations for the immediate months ahead have declined somewhat over the past three months, but remain quite strong. Optimists continue to outnumber out·num·ber tr.v. out·num·bered, out·num·ber·ing, out·num·bers To exceed the number of; be more numerous than. outnumber Verb to exceed in number: pessimists by a fairly comfortable margin. Regarding job prospects, the number of those who fear there will be fewer opportunities in the months ahead has been increasing since January. More than one out of every five respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. believe that their earnings will increase during the next six months. But the current figure is slightly lower that it has been in many months. Overall, however, optimists outnumber pessimists by almost three to one. Source: Consumer Confidence Survey March 1995 The Conference Board CONTACT: The Conference Board Fabian Linden, 212/339-0304 |
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