Consumer Confidence Up Slightly

January 21, 2008

The Conference Board Consumer Confidence Index posted a modest increase in December, after consecutive declines since summer. The index now stands at 88.6, up from 87.8 in November.

"This month’s slight gain in confidence was due solely to an increase in the Expectations Index," said Lynn Franco, director of The Conference Board Consumer Research Center. "Consumers’ short-term outlook regarding business conditions, employment, inflation, and stock prices improved marginally.

Posted in Real Estate