Conference Board Consumer Confidence Index improves
31 May '07
2 min read
Consumers' outlook for the next six months remains cautious. Those anticipating business conditions to improve increased to 15.1 percent from 13.8 percent. Consumers expecting business conditions to worsen, however, edged up to 10.1 percent from 9.7 percent.
Once again, the outlook for the labor market did not change significantly. The percent of consumers expecting more jobs in the months ahead was relatively flat at 13.3 percent, while those anticipating fewer jobs, 15.7 percent, was also unchanged. The proportion of consumers expecting their incomes to increase in the months ahead declined to 17.7 percent from 18.4 percent in April.