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The Conference Board US Consumer Confidence Increases Again In February

The Conference Board US Consumer Confidence Increases Again In February

FromIndications


The Conference Board US Consumer Confidence Increases Again In February

FromIndications

ratings:
Length:
5 minutes
Released:
Feb 23, 2021
Format:
Podcast episode

Description

The just released Conference Board Consumer Confidence Index®  improved again in February, after increasing in January. The Index now stands at 91.3 (1985=100), up from 88.9 in January. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—climbed from 85.5 to 92.0. However, the Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell marginally, from 91.2 last month to 90.8 in February.   The survey results did not fully capture the events surrounding the Texas power crisis nor the loosening of dining restrictions in NYC.   Join Lynn Franco, Senior Director of Economic Indicators and Conference Board Chief Economist Dana Peterson for this Indications podcast as they look at the current numbers -  and what they portend for the future of 2021.
Released:
Feb 23, 2021
Format:
Podcast episode

Titles in the series (99)

A serious conversation on the global economy grounded in the data, insights, and outlooks you need to stay ahead of the curve in business and beyond. The Conference Board is a leading think tank and non-profit business membership group that's been at the vanguard of navigating economic change since 1916. Our research ushered in the 8-hour workday; shaped policy during the Great Depression and both world wars; and facilitated the inclusion of women, minorities, and the disabled into the workforce. Indications puts our forward-thinking—and roster of leading thinkers—to bear on today's most pressing challenges: from global growth and competitiveness to human capital, sustainability, corporate governance, and more.