Conference Board Consumer Confidence
Consumer Confidence Apr 62.3 vs prior 64.5 Full Report
Inside the number: Chiming in with the Reuters/U. of Michigan 26 year low, the conference board gauge hits a 5 year low.
Business conditions are bad 26.7 vs 25.5; Jobs hard to get 27.9 vs 24.5; Jobs plentiful 16.6 vs 19.2
Lynn Franco, Director of The Conference Board Consumer Research Center:
"This continued weakening suggests that not only has the feeble level of growth in the first quarter
spilled over into the second quarter, but that economic conditions may have slowed even further.
The percentage of respondents intending to take a vacation over the next six months has fallen to a 30-year low.
Inside the number: Chiming in with the Reuters/U. of Michigan 26 year low, the conference board gauge hits a 5 year low.
Business conditions are bad 26.7 vs 25.5; Jobs hard to get 27.9 vs 24.5; Jobs plentiful 16.6 vs 19.2
Lynn Franco, Director of The Conference Board Consumer Research Center:
"This continued weakening suggests that not only has the feeble level of growth in the first quarter
spilled over into the second quarter, but that economic conditions may have slowed even further.
The percentage of respondents intending to take a vacation over the next six months has fallen to a 30-year low.
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